Kingspan Group plc logo KGSPY - Kingspan Group plc

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JP Morgan upgrades Kingspan on data centre momentum

JP Morgan upgrades Kingspan on data centre momentum

JP Morgan has upgraded Kingspan Group PLC (ISE:KRX), the Irish building materials group, to 'overweight' from 'neutral', citing strong earnings momentum from its data centre exposure that it believes is not fully reflected in the valuation. Order intake on data solutions for Kingspan's Advnsys segment has nearly quadrupled, yet the shares trade on 13 times 12-month forward EV/EBITDA, a discount of around 7% to their long-term average.

Sep 09, 2026 03:48 AM • proactiveinvestors.co.uk

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