Saint-Gobain: Barclays raises TP

(CercleFinance.com) - Barclays has reaffirmed its 'overweight' recommendation on Saint-Gobain shares with a target price raised from E100 to E105, after raising 2024-26 EBIT estimates by 5% on average for the building materials group.


Organic margin growth continues, asset rotation adds further upside potential and earnings expectations remain conservative, in our opinion, the broker argues in its summary.


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