Medium term view - COMPAGNIE DE SAINT GOBAIN SA : Pull-back
The trend is momentarily interrupted by a consolidation on a shorter time horizon but prices remain above the invalidation level at €42.400. It can resume at anytime towards the target at €55.360.Arguments :
- Prices are pulling back to the major support level (previously a...
Compagnie de Saint-Gobain manufactures, produces, and distributes industrial materials. Co.'s activities are divided into four sectors: Innovative Materials (Co. makes, processes and sells glass and glazing products for the building, the automotive and solar energy industries; Co. also manufactures Ceramics and Plastics, Abrasives, and Textiles), Construction Products (Co. offers products for the Insulation, Gypsum, Exterior Products, Pipe and Industrial Mortars), Building Distribution (Co. distributes building materials (plumbing, heating and sanitaryware products) and ceramic tiles), and Packaging - Verallia (Co. manufactures glass containers and jars for foodstuffs and beverages).
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