Saint-Gobain: Oddo maintains Buy rating

(CercleFinance.com) - Oddo BHF maintains its buy rating on Saint-Gobain shares, with a target price of 41 euros (15% upside).


This positive stance comes after an interview with the Minister of Housing with the Journal du Dimanche, explaining that in 2021 and 2022, 2 billion euros will be allocated to private housing and 500 million euros to social housing, as part of the renovation stimulus plan.

The Pinel scheme and the interest-free loan will also be extended until the end of 2021 before a new scheme in 2022.


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