Compagnie de Saint-Gobain SA (GOB.DU)
- Reuters
Saint-Gobain agrees to buy FOSROC for around $1 billion
The transaction, which will be fully financed with cash, is expected to close by the first half of 2025, the French construction materials group said. Saint-Gobain has been on the hunt for acquisitions outside of Europe as it seeks to grow its worldwide presence in construction chemicals. The deal to buy FOSROC, based in the United Arab Emirates, will allow the group to expand in high-growth markets such as India and the Middle East, CEO Benoit Bazin said in a statement.
- Investing.com
Does this French stock have a bright future? Stifel answers
Investing.com - Stifel paints an optimistic picture of Compagnie de Saint Gobain SA (EPA:SGOB). The bank highlights the company's long-term strategy, marked by targeted disposals and acquisitions, as well as maintaining high margins. Despite short-term challenges, Stifel appreciates the confidence displayed by management and the strategic adjustments implemented in terms of pricing and a recovery in volumes in Europe.
- Investing.com
Is a rally in Saint-Gobain stock over? JPMorgan weighs in
JPMorgan adjusted its price target on Saint-Gobain stock, signaling confidence in the company's growth prospects. The financial services firm now sets its December 2025 price target (PT) at €105.
