Barclays downgraded Kingspan Group to Equal Weight from Overweight with a price target of EUR 95, up from EUR 90. The company’s risks are higher than with other names in light-side, and unlike its peers, with strong performance since early 2023, Kingspan’s multiples have fully normalized, the analyst tells investors in a research note.
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Read More on KGSPY:
- Kingspan Group initiated with a Hold at Deutsche Bank
- Kingspan Group downgraded to Neutral from Buy at UBS
- Kingspan Group price target raised to EUR 75 from EUR 74 at Morgan Stanley
- Kingspan Group upgraded to Buy from Hold at Kepler Cheuvreux
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