Saint Gobain: UBS expects 'solid performance'
(CercleFinance.com) - UBS reiterates its 'buy' recommendation on the stock with an unchanged target price of E83 (cp: E78, +0.
8%), which represents 7% upside potential. Analysts expect a solid operating performance, broadly in line with the company's recent communications, they say. Saint-Gobain has stated that it is targeting a double-digit operating margin in 2024, for the fourth consecutive year.
The stock's 2020 P/E is back to around 10x, with about a 3% yield.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
8%), which represents 7% upside potential. Analysts expect a solid operating performance, broadly in line with the company's recent communications, they say. Saint-Gobain has stated that it is targeting a double-digit operating margin in 2024, for the fourth consecutive year.
The stock's 2020 P/E is back to around 10x, with about a 3% yield.
Copyright (c) 2024 CercleFinance.com. All rights reserved.