Suez Environnement SA (SZEVY) Lowered to Hold at Zacks Investment Research
Suez Environnement SA (OTCMKTS:SZEVY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued on Saturday.
According to Zacks, “SUEZ Environment Company performs various water and waste management services to protect resources and ecosystems. The company provides innovative solutions to millions of people and industries in the drinking water, wastewater treatment and waste management fields. Its water management services include catchment, treatment and distribution of drinking water; collection and purification of domestic and industrial water; biological and energy development of waste resulting from purification. In the waste management segment the Company is engaged in the collection of waste (except radioactive waste and urban waste); selection and preliminary treatment of waste; recycling that involves material, biological and energy recovery of recoverable waste; and elimination of residual waste by incineration or landfill. SUEZ Environment Company is headquartered in Paris, France. “
Several other analysts also recently commented on the company. Jefferies Group LLC raised Suez Environnement SA from a “hold” rating to a “buy” rating in a research note on Monday, June 26th. Goldman Sachs Group, Inc. (The) downgraded Suez Environnement SA from a “buy” rating to a “neutral” rating in a research note on Wednesday, May 24th.
Suez Environnement SA (OTCMKTS SZEVY) opened at 9.64 on Friday. The firm’s 50 day moving average price is $9.26 and its 200 day moving average price is $8.66. The firm has a market cap of $11.07 billion, a price-to-earnings ratio of 35.77 and a beta of 0.61. Suez Environnement SA has a 52-week low of $6.73 and a 52-week high of $9.70.
About Suez Environnement SA
SUEZ SA, together with its subsidiaries, provides water management, recycling and waste recovery, water treatment, and consulting services. The company operates in Water Europe, Recycling and Recovery Europe, International, and Other segments. It provides water distribution and treatment services to individuals, local authorities, and industrial clients; waste collection and treatment services, including collection, sorting, recycling, composting, energy recovery, and landfilling for non-hazardous and hazardous waste for local authorities and industrial clients; and water, waste, and engineering services.
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