Societe Generale Reaffirms “Buy” Rating for Compagnie de Saint-Gobain (OTCMKTS:CODYY)

Societe Generale reissued their buy rating on shares of Compagnie de Saint-Gobain (OTCMKTS:CODYY) in a research note issued to investors on Monday morning, The Fly reports.

Several other analysts also recently issued reports on the company. Morgan Stanley reissued an equal weight rating on shares of Compagnie de Saint-Gobain in a report on Friday, April 30th. Barclays restated an overweight rating on shares of Compagnie de Saint-Gobain in a research note on Friday, April 30th. Berenberg Bank upgraded Compagnie de Saint-Gobain from a sell rating to a hold rating in a research report on Wednesday, May 19th. UBS Group restated a buy rating on shares of Compagnie de Saint-Gobain in a report on Tuesday, May 4th. Finally, JPMorgan Chase & Co. reaffirmed an overweight rating on shares of Compagnie de Saint-Gobain in a report on Friday, April 30th. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company presently has an average rating of Buy.

Shares of CODYY opened at $13.71 on Monday. Compagnie de Saint-Gobain has a 52 week low of $6.57 and a 52 week high of $14.17. The business has a 50 day moving average price of $13.03.

The company also recently disclosed a dividend, which will be paid on Thursday, June 24th. Investors of record on Friday, June 4th will be paid a $0.3239 dividend. This represents a yield of 2.44%. The ex-dividend date of this dividend is Thursday, June 3rd.

Compagnie de Saint-Gobain Company Profile

Compagnie de Saint-Gobain SA designs, manufactures, and distributes materials and solutions for wellbeing worldwide. It operates in five segments: High Performance Solutions; Northern Europe; Southern Europe Â- Middle East (ME) & Africa; Americas; and Asia-Pacific. The company offers glass for building, industrial mortars, exterior products, and pipes; insulation, plasterboards, and interior glass products; and coated glass and high performance materials.

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