Kingspan Group (OTCMKTS:KGSPY) Receives Underweight Rating from Barclays

Kingspan Group (OTCMKTS:KGSPY)‘s stock had its “underweight” rating reissued by equities research analysts at Barclays in a report issued on Tuesday, The Fly reports.

Other analysts also recently issued reports about the company. Deutsche Bank Aktiengesellschaft assumed coverage on Kingspan Group in a research report on Thursday, March 4th. They issued a “hold” rating for the company. Societe Generale reaffirmed a “buy” rating on shares of Kingspan Group in a research note on Monday, March 22nd. Berenberg Bank reissued a “buy” rating on shares of Kingspan Group in a research report on Wednesday, March 31st. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Kingspan Group in a research note on Monday, February 22nd. Finally, Morgan Stanley reaffirmed an “equal weight” rating on shares of Kingspan Group in a research note on Wednesday, February 24th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company. The stock presently has a consensus rating of “Hold”.

Shares of Kingspan Group stock traded up $4.74 during trading hours on Tuesday, hitting $89.00. The company’s stock had a trading volume of 499 shares, compared to its average volume of 2,716. The business has a 50 day moving average price of $79.35 and a two-hundred day moving average price of $83.24. Kingspan Group has a 12-month low of $44.44 and a 12-month high of $99.25.

About Kingspan Group

Kingspan Group plc, together with its subsidiaries, provides insulation and building envelope solutions 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.

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The Fly

Analyst Recommendations for Kingspan Group (OTCMKTS:KGSPY)

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