Saint-Gobain: Oddo still a buyer
(CercleFinance.com) - Oddo maintains its "outperform" rating on Saint-Gobain shares, with a target price of 80 euros (42% upside potential).
The broker anticipates "a reassuring third quarter", believing that Saint-Gobain should publish growth in volume (+2.4%), as well as an accelerating price effect (+6%).
As a result, it expects Q3 sales of 10.7 billion euros, up 5.6%.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The broker anticipates "a reassuring third quarter", believing that Saint-Gobain should publish growth in volume (+2.4%), as well as an accelerating price effect (+6%).
As a result, it expects Q3 sales of 10.7 billion euros, up 5.6%.
Copyright (c) 2021 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.