Kingspan Group

2021 results preview and review of prospects for 2022

  • Sectors : Building products
  • Companies : Kingspan Group

Ratings and price correct at time of issue.

  • Kingspan Group

    Closing Price: 8892c

  • RATING 12/05/11

  • PREVIOUS RATING 30/06/09

    NEUTRAL

DAVY VIEW

There has been a disconnect recently between the Kingspan equity and operating performance and prospects. Upcoming results for 2021 can help reframe the debate as well as provide a broader context for the recent commentary relating to the cladding crisis in the UK. We believe the recent correction is overdone with the stock capable of replicating last year, with results day an initial platform for a sustained rebound.

Download full report with analyst certification and important disclosures

Feb 10 2022, 06:45 GMT

Download