Veolia Environnement Hits New 52-Week High at $18.42 (VE)
Shares of Veolia Environnement (NYSE:VE) hit a new 52-week high on Wednesday, Stock Ratings Network.com reports. The company traded as high as $18.42 and last traded at $18.30, with a volume of 205,143 shares trading hands. The stock had previously closed at $17.58.
A number of research firms have recently commented on VE. Analysts at RBC Capital initiated coverage on shares of Veolia Environnement in a research note to investors on Monday, September 9th. They set an “outperform” rating on the stock. Separately, analysts at Goldman Sachs Group Inc. downgraded shares of Veolia Environnement from a “buy” rating to a “neutral” rating in a research note to investors on Friday, August 23rd. Finally, analysts at Morgan Stanley upgraded shares of Veolia Environnement from an “equal weight” rating to an “overweight” rating in a research note to investors on Wednesday, August 21st. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $9.20.
Veolia Environnement has a 52 week low of $9.37 and a 52 week high of $17.96. The stock has a 50-day moving average of $16.64 and a 200-day moving average of $13.79. The company has a market cap of $9.789 billion and a P/E ratio of 29.70.
Veolia Environnement is a provider of environmental management services, which include water and wastewater services, environmental services, energy services (NYSE:VE) and transportation services.
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