Jefferies Financial Group Upgrades Kingspan Group (OTCMKTS:KGSPY) to Strong-Buy

Kingspan Group (OTCMKTS:KGSPY) was upgraded by equities researchers at Jefferies Financial Group from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Separately, Zacks Research upgraded shares of Kingspan Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 12th. Two investment analysts have rated the stock with a Strong Buy rating, According to MarketBeat.com, Kingspan Group presently has an average rating of “Strong Buy”.

Kingspan Group Stock Up 4.0%

OTCMKTS:KGSPY opened at $119.34 on Tuesday. Kingspan Group has a 52-week low of $71.63 and a 52-week high of $121.05. The stock has a fifty day simple moving average of $96.34 and a 200-day simple moving average of $92.54.

About Kingspan Group

Kingspan Group plc is a global leader in high-performance insulation and building envelope solutions. Founded in 1965 and headquartered in Kingscourt, Ireland, the company develops, manufactures and supplies a broad range of products designed to improve building energy efficiency, airtightness and overall sustainability. Kingspan’s core offerings include insulated wall, roof and floor panels, rigid insulation boards, and advanced glazing systems, alongside integrated water and energy management technologies such as rainwater harvesting and solar thermal solutions.

Over the decades, Kingspan has expanded its expertise beyond insulation, adding innovative façade systems, structural framing, and daylighting solutions to its portfolio.