Veolia Environnement SA (VEOEY) Lifted to Strong-Buy at Zacks Investment Research
Veolia Environnement SA (NASDAQ:VEOEY) was upgraded by Zacks Investment Research from a “hold” rating to a “strong-buy” rating in a research note issued on Thursday. The brokerage presently has a $27.00 price target on the utilities provider’s stock. Zacks Investment Research‘s price objective suggests a potential upside of 15.83% from the stock’s current price.
According to Zacks, “Veolia Environnement is the only global company to offer the entire range of environmental services in the water, waste management, energy and transportation sectors. Veolia has been creating global and integrated solutions for public and private sector clients over the world. The quality of its research, the expertise and synergies developed between its teams, its mastery of the public-private partnership model and our commitment to sustainable development have made us a benchmark player in major environmental matters. “
Separately, ValuEngine upgraded shares of Veolia Environnement SA from a “hold” rating to a “buy” rating in a report on Friday, September 1st.
Veolia Environnement SA (VEOEY) opened at 23.31 on Thursday. The company has a 50-day moving average of $15.37 and a 200 day moving average of $16.07. Veolia Environnement SA has a one year low of $1.90 and a one year high of $24.02. The company has a market cap of $12.81 billion and a P/E ratio of 42.15.
Veolia Environnement SA Company Profile
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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