Rockwool Falls Nearly 5% as Analysts Question Construction Cycle Strength

• (PLX AI) - Rockwool shares fell nearly 5% in early trading, giving up the gains after yesterday's stellar earnings report, as analysts at Nordea maintained a hold recommendation on the stock.
• • The strength of the construction cycle is increasingly in question and may hurt the valuation until we gain further clarity on market fundamentals, Nordea said
• • The analysts assign a fair value of DKK 2,000 to Rockwool shares
• • The company will see an impact from a slowdown in Russia from next year, but may also see stronger ASP increases, Nordea said