Saint Gobain: UBS expects 'solid performance
(CercleFinance.com) - UBS reiterates its Buy recommendation on the stock, with an unchanged price target of E83, representing a potential upside of 7%.
"We expect solid operational performance, largely consistent with recent communications by the company", UBS says.
In a geopolitical and macroeconomic environment that remains difficult, Saint-Gobain is targeting a double-digit operating margin in 2024, for the fourth consecutive year, the group management said.
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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 information and analyses published by Cercle Finance are intended solely as decision-making aids for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.
"We expect solid operational performance, largely consistent with recent communications by the company", UBS says.
In a geopolitical and macroeconomic environment that remains difficult, Saint-Gobain is targeting a double-digit operating margin in 2024, for the fourth consecutive year, the group management said.
Copyright (c) 2024 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.
The information and analyses published by Cercle Finance are intended solely as decision-making aids for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.