Barclays Boosts Kingspan Group (LON:KGP) Price Target to GBX 4,500

Kingspan Group (LON:KGP) had its price target raised by research analysts at Barclays from GBX 4,100 ($53.57) to GBX 4,500 ($58.80) in a research note issued on Tuesday, ThisIsMoney.Co.Uk reports. The firm currently has an “equal weight” rating on the stock.

Shares of LON KGP opened at GBX 50 ($0.65) on Tuesday. The firm has a market cap of $90.43 million and a PE ratio of 25.56. The company has a current ratio of 1.53, a quick ratio of 1.00 and a debt-to-equity ratio of 54.43. Kingspan Group has a 1-year low of GBX 46.62 ($0.61) and a 1-year high of GBX 5,000 ($65.33). The company has a fifty day moving average price of GBX 1,434.12 and a 200 day moving average price of GBX 1,395.86.

About Kingspan Group

Kingspan Group plc, together with its subsidiaries, provides building solutions for the construction sector in the Republic of Ireland, the United Kingdom, rest of Europe, the Americas, and internationally. It operates through five segments: Insulated Panels, Insulation Boards, Light & Air, Water & Energy, and Data & Flooring Technology.

Recommended Story: Day Trading – Risk Worth the Reward?

Receive News & Ratings for Kingspan Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kingspan Group and related companies with MarketBeat.com's FREE daily email newsletter.