J.P. Morgan Upgrades Kingspan on Demand, Momentum
By EC Assets · Published
J.P. Morgan has upgraded its rating for Kingspan Group. The investment bank moved Kingspan to "overweight" from "neutral". This upgrade reflects factors including data-centre demand and earnings momentum. Morgan Stanley maintained an Underweight rating on Kingspan shares. The firm lowered its price target on Kingspan to EUR 78 from EUR 79. Morgan Stanley analyst Cedar Ekblom issued this revised target. Kingspan Group PLC is listed on Euronext. The company's highest share price over a 52-week period was 105,30. Its lowest share price over the same period was 62,60. Kingspan Group PLC's turnover was 33,348,368. This article is intended for informational purposes only. It does not constitute investment advice.
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