Compagnie de Saint Gobain SA (EPA:SGO)’s stock price shot up 3.1% during trading on Wednesday . The company traded as high as €37.26 ($43.33) and last traded at €37.17 ($43.22), 1,886,368 shares traded hands during mid-day trading. A decline of 18% from the average session volume of 2,290,000 shares. The stock had previously closed at €36.05 ($41.92).
A number of brokerages have issued reports on SGO. Nord/LB set a €30.00 ($34.88) price target on shares of Compagnie de Saint Gobain and gave the stock a “neutral” rating in a report on Wednesday, August 28th. HSBC set a €42.00 ($48.84) price objective on shares of Compagnie de Saint Gobain and gave the company a “buy” rating in a research note on Tuesday, October 15th. Bank of America set a €44.00 ($51.16) target price on shares of Compagnie de Saint Gobain and gave the stock a “buy” rating in a report on Thursday, October 3rd. Barclays set a €45.00 ($52.33) target price on Compagnie de Saint Gobain and gave the stock a “buy” rating in a research note on Friday, October 25th. Finally, Jefferies Financial Group set a €30.40 ($35.35) price target on Compagnie de Saint Gobain and gave the company a “sell” rating in a report on Wednesday, November 13th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of €39.39 ($45.80).
The firm’s fifty day moving average is €37.17 and its two-hundred day moving average is €34.69.
Compagnie de Saint-Gobain SA designs, manufactures, and distributes materials and solutions for wellbeing worldwide. It operates through Innovative Materials Sector, Construction Products Sector, and Building Distribution Sector segments. The company offers flat glass and high-performance materials; and insulation and gypsum products, industrial mortars, and pipe and exterior products.
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