Saint Gobain "buy," target price raised

Date: 12 June 2003

Analysts at Merrill Lynch reiterate their "buy" rating on the Saint Gobain Group (GOB), while reducing their estimates for the company.

The target price has been raised from €45 to €46.

Shares of the Saint Gobain Group, a world leader in producing and distributing flat glass, high performance materials and housing products, are currently trading at €30.86.

600450 Saint Gobain "buy," target price raised glassonweb.com

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