Accueil > Actualité
Actualite financiere : Actualite bourse

Saint-Gobain: Oddo raises target price

( - Oddo maintains its outperform rating on Saint-Gobain shares, having increased its target price for them from 60 euros to 70 euros.

With the group set to unveil its 2022 results on 23 February, the broker believes that the group could record a good Q4, given trends that are pretty much in line with Q3.

The broker expects Q4 sales of 12,746 million euros, up 13.5% (+11.0% LFL: prices +13.0%, volume -2.0%) and operating profit of 5,265 million euros, up 17% YOY.

Oddo says that Saint-Gobain is one of the big winners in the market rebound, driven by lower gas prices and fewer bad macroeconomic indicators.

Copyright (c) 2023 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.




Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.