Saint-Gobain shares rise after BofA adds stock to Europe 1 top ideas list

Saint-Gobain shares rise after BofA adds stock to Europe 1 top ideas list

Gold prices hit record high above $4,600/oz on Iran unrest, Fed indictment threat Fed Chair Powell flags DOJ probe over interest rates; Trump denies involvement ’Sell America’ trade is back on as Powell subpoena rattles markets Five things to watch in markets in the week ahead Investing.com --Saint-Gobainwas added to BofA Securities’ “Europe 1” list of top investment ideas, according to a note dated Monday, sending shares up higher. The building materials group was also named among BofA’s “25 stocks for 2026,” a list that highlights companies the brokerage expects to be exposed to significant business or market catalysts during the year. BofA said Saint-Gobain had underperformed the Euro Stoxx 50 index by more than 20% over the past six months, reflecting negative sentiment linked to political uncertainty in France and concerns about a downturn in U.S. residential roofing. The analysts said those factors had weighed on the share price before the stock was added to the top ideas list. The brokerage said it had reduced its 2026-2027 operating income estimates by about 2% to account for ongoing headwinds, including pressure in the U.S. roofing market, but still placed Saint-Gobain among its highest-conviction European equity ideas. The analysts reiterated a “buy” rating on the stock and said the company was one of the “last value plays” in the sector based on its valuation metrics.

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