Saint-Gobain: UBS upgrades stock

(CercleFinance.com) - UBS has upgraded its rating on the Saint-Gobain sk from "neutral" to "buy," increasing its corresponding target price from 38 euros to 47.
5 euros, which suggests upside potential of 11% for the share of the French building materials suplier.

"With better margins we think earnings momentum is positive", the broker summarises, adding that Valuation at 11.5x P/E "also looks undemanding".


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