Saint-Gobain Shares Slide to €74.82: Deutsche Bank Lowers Target
The stock of the construction material manufacturer drops by 2.32% to €74.82 at midday, in a CAC 40 that loses 1.35%. The session occurs as Deutsche Bank adjusts its price target on the stock. The stock now shows a loss of 27.15% over one year.
Deutsche Bank Lowers Price Target to €85 While Maintaining Hold Rating
On May 15, Deutsche Bank issued a report on Saint-Gobain, reducing its price target from €89 to €85 while reaffirming its hold rating. Based on the current price of €74.82, the new target offers a theoretical upside of 13.6%. The building sector's economic environment remains challenging for the Courbevoie-based group. The construction climate in France reached -18.0 in April 2026, with a year-over-year decline in production of 3.5% and order books at -33. The flow of housing permits in France has decreased by 2.0% over the past twelve months. In terms of valuation, the consensus among analysts via yfinance places the projected P/E ratio of the stock at around 11.6 times the earnings for the current fiscal year, compared to an average of 17.9 times for the Industrials sector. The expected EPS growth from one fiscal year to the next is 9.5%.
The Stock Reaches its 50-Day Moving Average at €74.80 After a Weekly Decline of 6.69%
The price of €74.82 positions the stock right at its 50-day moving average (€74.80), a pivot point following last week's drop. The RSI at 49 remains in a neutral zone, indicating a downward movement without signs of excess. The lower boundary of the Bollinger Bands is at €74.61, less than half a percent from the price. The session takes place in a tense market environment, with Brent crude at $109.11, up 2.36% over 24 hours, and a CAC 40 down by 1.35%. The stock ranks 34th out of 40 in the Paris index. For reference, the stock had surged 7% to €81.28 on May 6 amid geopolitical easing, before falling below €78 on May 11. The three-month loss is 17.65%. The next key events are the general assembly on July 4, 2026, followed by the first-half results on July 30.
