Saint-Gobain: Oddo BHF sees catch-up potential
(CercleFinance.com) - Oddo BHF has confirmed its 'outperform' rating on Saint-Gobain shares, along with its E110 target price, believing that when it publishes its annual results (27 February), the group could choose to change its habits and take the market by surprise.
While a number of investors are counting on an imprecise guidance, the broker believes that Saint-Gobain could count not on a double-digit margin but rather on a margin of between 11% and 12% over 2025.
Overall, we remain convinced that the changes of the last few years have not yet been fully integrated. At around 7x 2025 EV/EBITDA, Saint-Gobain has significant catch-up potential, the analyst adds.
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The information and analyses published by Cercle Finance are intended solely as a decision-making aid 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.
While a number of investors are counting on an imprecise guidance, the broker believes that Saint-Gobain could count not on a double-digit margin but rather on a margin of between 11% and 12% over 2025.
Overall, we remain convinced that the changes of the last few years have not yet been fully integrated. At around 7x 2025 EV/EBITDA, Saint-Gobain has significant catch-up potential, the analyst adds.
Copyright (c) 2025 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 a decision-making aid 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.