Armstrong Shares Downgraded but Consensus is Positive

New York, NY, Aug. 25, 2014 — Despite a downgrade to “underperform” by analyst Zacks, shares of Armstrong World Industries have been given a consensus rating of “buy” by the dozen ratings firms that are currently covering the stock.
 
Three other analysts have issued a hold rating and eight have given a buy rating to the company.

Earlier in August, JPMorgan Chase & Co. upgraded shares to a “neutral” while Deutsche Bank reiterated a “buy” rating.

Shares of the firm have attracted increased interest lately by investment firms, which have stepped up purchases.