Rockwool A/S (OTCMKTS:RKWBF) Upgraded to Buy at Societe Generale

Societe Generale upgraded shares of Rockwool A/S (OTCMKTS:RKWBF – Get Rating) from a hold rating to a buy rating in a report released on Tuesday, The Fly reports.

Several other equities analysts have also recently issued reports on RKWBF. Handelsbanken cut Rockwool A/S from a buy rating to a hold rating in a report on Tuesday, February 14th. JPMorgan Chase & Co. raised Rockwool A/S from an underweight rating to a neutral rating in a report on Friday, January 27th. Finally, Morgan Stanley raised their price target on Rockwool A/S from 1,550.00 to 1,650.00 and gave the stock an equal weight rating in a research report on Friday, November 25th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, Rockwool A/S presently has a consensus rating of Hold and an average target price of $1,717.50.

Rockwool A/S Price Performance

Shares of RKWBF stock opened at $233.20 on Tuesday. The stock has a fifty day moving average price of $252.97 and a 200 day moving average price of $217.12. Rockwool A/S has a 1 year low of $155.00 and a 1 year high of $471.75.

Rockwool A/S Company Profile

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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.