Rockwool A/S (OTCMKTS:RKWAF) Price Target Cut to 2,485.00 by Analysts at Morgan Stanley

Rockwool A/S (OTCMKTS:RKWAFGet Rating) had its price objective reduced by equities research analysts at Morgan Stanley from 2,570.00 to 2,485.00 in a note issued to investors on Monday, The Fly reports.

A number of other analysts also recently weighed in on RKWAF. Exane BNP Paribas upgraded shares of Rockwool A/S from an “underperform” rating to a “neutral” rating and set a 2,400.00 price target on the stock in a research report on Friday. JPMorgan Chase & Co. reduced their price target on shares of Rockwool A/S from 1,970.00 to 1,860.00 and set an “underweight” rating on the stock in a research report on Friday. Finally, Societe Generale upgraded shares of Rockwool A/S from a “sell” rating to a “hold” rating in a research report on Friday.

OTCMKTS:RKWAF opened at $378.59 on Monday. Rockwool A/S has a 1-year low of $378.59 and a 1-year high of $378.59. The business’s 50-day moving average price is $378.59 and its two-hundred day moving average price is $378.59.

About Rockwool A/S (Get Rating)

Rockwool A/S manufactures and sells stone wool insulations in Western Europe, Eastern Europe, North America, Asia, and internationally. The company operates through two segments, Insulation and Systems segments. It offers fire-safe stone wool insulation under the ROCKWOOL brand name; fire-safe acoustic ceiling tiles and systems under the Rockfon brand name; board materials that are applied in ventilated constructions for facade cladding, roof detailing, soffits, and fascia under the Rockpanel brand name; stone wool growing media and technology solutions for the horticulture industry under the Grodan brand name; and stone wool-based products used in automotive, urban acoustics, and urban climate adaptation applications under the Lapinus brand name.

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