Compagnie de Saint-Gobain (OTCMKTS:CODYY) Price Target Cut to €70.00

Compagnie de Saint-Gobain (OTCMKTS:CODYYGet Rating) had its price objective decreased by investment analysts at Deutsche Bank Aktiengesellschaft from €78.00 ($83.87) to €70.00 ($75.27) in a research report issued on Wednesday, The Fly reports.

CODYY has been the subject of a number of other research reports. Berenberg Bank lifted their price target on Compagnie de Saint-Gobain from €60.00 ($64.52) to €62.00 ($66.67) and gave the stock a “hold” rating in a research report on Wednesday, March 2nd. Barclays decreased their price objective on Compagnie de Saint-Gobain from €78.00 ($83.87) to €76.00 ($81.72) in a report on Tuesday, March 1st. UBS Group boosted their price objective on Compagnie de Saint-Gobain from €67.00 ($72.04) to €68.00 ($73.12) and gave the company a “buy” rating in a report on Wednesday, January 26th. JPMorgan Chase & Co. boosted their price objective on Compagnie de Saint-Gobain from €82.00 ($88.17) to €87.00 ($93.55) in a report on Tuesday, March 1st. Finally, Morgan Stanley lifted their price target on Compagnie de Saint-Gobain from €70.00 ($75.27) to €73.00 ($78.49) in a research note on Friday, January 7th. Three equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $73.71.

Shares of OTCMKTS:CODYY traded up $0.09 on Wednesday, reaching $11.17. The company had a trading volume of 706,343 shares, compared to its average volume of 314,036. Compagnie de Saint-Gobain has a 52-week low of $10.27 and a 52-week high of $15.30. The firm’s 50 day simple moving average is $12.28 and its 200-day simple moving average is $13.29.

Compagnie de Saint-Gobain Company Profile (Get Rating)

Compagnie de Saint-Gobain SA designs, manufactures, and distributes materials and solutions for wellbeing worldwide. It operates in five segments: High Performance Solutions; Northern Europe; Southern Europe Â- Middle East (ME) & Africa; Americas; and Asia-Pacific. The company offers glass for building, industrial mortars, exterior products, and pipes; insulation, plasterboards, and interior glass products; and coated glass and high performance materials.

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