Kingspan Group plc (OTCMKTS:KGSPY) Receives Average Recommendation of “Hold” from Brokerages

Kingspan Group plc (OTCMKTS:KGSPY) has been assigned an average recommendation of “Hold” from the eight brokerages that are currently covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, four have given a hold recommendation and two have issued a buy recommendation on the company.

A number of equities research analysts have weighed in on KGSPY shares. Deutsche Bank Aktiengesellschaft started coverage on shares of Kingspan Group in a research note on Thursday, March 4th. They set a “hold” rating for the company. Morgan Stanley reiterated an “equal weight” rating on shares of Kingspan Group in a research note on Wednesday, February 24th. Barclays reiterated an “underweight” rating on shares of Kingspan Group in a research note on Tuesday. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Kingspan Group in a research note on Monday, February 22nd. Finally, Berenberg Bank restated a “buy” rating on shares of Kingspan Group in a research note on Wednesday, March 31st.

Shares of OTCMKTS KGSPY opened at $84.82 on Monday. Kingspan Group has a twelve month low of $44.44 and a twelve month high of $99.25. The company has a 50 day moving average of $80.14 and a 200 day moving average of $83.21.

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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Analyst Recommendations for Kingspan Group (OTCMKTS:KGSPY)

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