Goldman Sachs cuts target for Saint-Gobain stock to EUR 85
Published on 10/01/2026 at 09:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Goldman Sachs cut its Saint-Gobain target from EUR 86 to EUR 85 in a note dated September 15, 2026, while retaining its Neutral rating, as Finanznachrichten reported on September 16, 2026. The adjustment reflects lower volume expectations for the second half of 2026, partly offset by anticipated price increases.
Analysts split on demand
Jefferies kept a Buy rating and a EUR 137 target in a note dated September 16, 2026, according to Finanznachrichten. Analyst Glynis Johnson linked the view to US roofing job postings running above both the five-year average and the prior-year level, which she described as an early indicator for building-material volumes.
The two calls show a clear split in emphasis. Goldman Sachs focused on second-half volume pressure, while Jefferies emphasized a potential demand signal from the US roofing market and weather-related repairs.
Second-quarter revenue reached EUR 12.45 billion
Saint-Gobain generated EUR 12.45 billion in revenue in the second quarter of 2026, with revenue growth of 2.60 percent, according to Ideal Investisseur on September 28, 2026. The same report said the group confirmed its full-year target of an EBITDA margin above 15.00 percent, giving investors a profitability benchmark alongside the volume debate.
The operating backdrop also includes a renewable electricity purchase agreement announced on September 28, 2026, covering Saint-Gobain's British industrial sites, according to Ideal Investisseur. The agreement supports the group's stated path toward carbon neutrality by 2050, while the analyst debate remains centered on construction volumes and pricing.
Market value and yearly range
Saint-Gobain had a market capitalization of EUR 33.8 billion as of September 30, 2026. Its 52-week range was EUR 65.88 to EUR 95.60 on the same date, placing the current valuation between a defined yearly floor and ceiling for market context.
Saint-Gobain stock facts
- Company: Compagnie de Saint-Gobain S.A.
- Ticker: GOB
- Primary exchange: Euronext Paris
- Market capitalization: EUR 33.8 billion as of September 30, 2026
- 52-week range: EUR 65.88-EUR 95.60 as of September 30, 2026
- Sector / Industry: Basic Materials / Construction Materials
- Index membership: CAC 40
