Vivendi SA (VIVHY) Upgraded by HSBC Holdings plc to Buy
Vivendi SA (NASDAQ:VIVHY) was upgraded by equities researchers at HSBC Holdings plc from a “hold” rating to a “buy” rating in a report issued on Tuesday.
A number of other research firms have also recently weighed in on VIVHY. Zacks Investment Research raised shares of Vivendi SA from a “hold” rating to a “buy” rating and set a $27.00 price target on the stock in a research note on Wednesday, September 13th. UBS AG raised shares of Vivendi SA from a “neutral” rating to a “buy” rating in a research note on Wednesday, September 13th. Finally, Barclays PLC raised shares of Vivendi SA from an “underweight” rating to an “equal weight” rating in a research note on Friday, September 1st.
Shares of Vivendi SA (NASDAQ VIVHY) traded up 1.33% during mid-day trading on Tuesday, hitting $25.23. 11,841 shares of the stock traded hands. The firm has a market cap of $31.48 billion and a price-to-earnings ratio of 56.70. The firm’s 50 day moving average price is $23.35 and its 200 day moving average price is $21.43. Vivendi SA has a 12-month low of $17.12 and a 12-month high of $25.27.
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Vivendi SA Company Profile
Vivendi SA is engaged in media and content businesses. The Company operates businesses throughout the media value chain, from talent discovery to the creation, production and distribution of content. Its segments include Universal Music Group, Canal+ Group, Gameloft, Vivendi Village, New Initiatives and Corporate.
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