Zacks: Brokerages Set $22.34 Target Price for Veolia Environnement SA (VEOEY)
Shares of Veolia Environnement SA (NASDAQ:VEOEY) have earned a consensus broker rating score of 1.00 (Strong Buy) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy recommendation.
Brokerages have set a 12-month consensus price objective of $22.34 for the company, according to Zacks. Zacks has also given Veolia Environnement SA an industry rank of 93 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research cut shares of Veolia Environnement SA from a “hold” rating to a “sell” rating in a research report on Tuesday, March 28th.
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Shares of Veolia Environnement SA (NASDAQ:VEOEY) traded down 0.23% during midday trading on Tuesday, hitting $21.86. 31,294 shares of the company traded hands. The stock’s 50-day moving average is $21.58 and its 200 day moving average is $18.54. Veolia Environnement SA has a 12-month low of $15.90 and a 12-month high of $23.39. The stock has a market capitalization of $11.99 billion and a P/E ratio of 34.75.
About Veolia Environnement SA
Veolia Environnement SA (Veolia) is engaged in providing environmental management services, which include drinking water treatment and distribution, wastewater and sanitation services, and waste management and energy services. The Company’s segments include France; Europe, excluding France; Rest of the world; Global Businesses, and Other.
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