How Good Does Compagnie de Saint-Gobain (EPA:SGO) Look Now? Deutsche Bank AG Has Just Upgraded The Stock


Compagnie de Saint-Gobain (EPA:SGO) Stock Upgrade

Trading for shares of Compagnie de Saint-Gobain (EPA:SGO) will be watched closely today, as Deutsche Bank AG hiked the stock to a solid rating of a Buy. In addition to their ratings upgrade, Deutsche Bank AG set a target price of EUR 50.20 which was 31.83% higher.

From a total of 5 analysts covering Compagnie de Saint-Gobain (EPA:SGO) stock, 2 rate it a ”Buy”, 1 a “Sell”, and 2 a ”Hold”. This means that 40% of the ratings are positive. The highest target price is €51 while the lowest target price is €35. The mean of all analyst targets is €44.84 with a 17.75% above today’s (€38.08) stock price. Compagnie de Saint-Gobain was the topic of 12 analyst reports since July 21, 2015 according to the firm StockzIntelligence Inc. UBS downgraded shares on November 12 to “Sell” rating. Independent Research maintained SGO stock in a recent report from October 30 with “Hold” rating. Finally, BNP Paribas upgraded the stock to “Outperform” rating in a report issued on a July 21.

The stock decreased 1.21% or EUR 0.46 on December 14, striking EUR 38.08. Approximately 2.01M shares of stock traded hands or 7.49% up from the average. Compagnie de Saint Gobain SA (EPA:SGO) has risen 6.00% since November 15, 2015 and is uptrending. It has outperformed by 10.42% the S&P500.

 How Good Does Compagnie de Saint-Gobain (EPA:SGO) Look Now? Deutsche Bank AG Has Just Upgraded The Stock

Compagnie de Saint Gobain SA, , is a France producer, processor and distributor of construction and high-performance materials and packaging. The company has a market cap of 21.36 billion EUR. The Firm is engaged in four business activities: Innovative Materials, including the manufacture and distribution of flat glass, used in the automobile, construction and other sectors, as well as the production of high-performance materials, such as ceramics, plastics and abrasives, among others; Construction Products, focused on gypsum, and pipes, among other products; Building Distribution, specialized in the distribution of building materials to professionals and consumers, and Packaging, comprising the production of glass jars and bottles. It has 27.85 P/E ratio.