{
Kingspan Group plc

Companies

}
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001122334455554433221100

ubs raises price target for heidelberg materials shares to 128 euros

UBS has maintained a "Neutral" rating for Heidelberg Materials while raising its price target from €121 to €128. The stock fell 1.1% to €126.20, indicating a potential upside of 1.43%. Analyst Gregor Kuglitsch highlighted CRH, Buzzi, and Kingspan as top picks for 2025 in the building materials sector.
finanzen.at
Euro Buzzi S.p.A. UBS AG Kingspan Group plc CRH plc DEU Gregor Kuglitsch Show more
Finance & Economy, Market Report
11:52 16.01.2025

kingspan shares rise after ubs upgrades stock to buy rating

Kingspan Group shares surged over 4% after UBS upgraded the stock to "buy," citing a positive earnings growth outlook. Analysts project a 10% annual EBITA growth, driven by U.S. market expansion and increased production capacity, with a target share price of €90. Despite flat earnings expected in 2024, Kingspan is anticipated to rebound in 2025, bolstered by recent acquisitions and stabilization in raw material costs.
investing.com
Euro Kingspan Group plc USA IRL
TradFi, Market Report
15:31 07.11.2024
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