Commerzbank said it has started coverage of glassmaker Saint-Gobain with a “buy” rating.
Commerzbank said the French company represented an ideal means by which to capitalize on the buoyant outlook f…
Commerzbank said it has started coverage of glassmaker Saint-Gobain with a “buy” rating. Commerzbank said the French company represented an ideal means by which to capitalize on the buoyant outlook for the French construction market. “Management is slowly winning the battle to convince the market of its commitment to deliver shareholder value,” it said in a research note. “Recently acquired Meyer strengthens the distribution side and the shares offer 35% upside,” it added.