Suez Environnement SA (SZEVY) Lowered to Underperform at Credit Suisse Group
Suez Environnement SA (OTCMKTS:SZEVY) was downgraded by analysts at Credit Suisse Group from a “neutral” rating to an “underperform” rating in a note issued to investors on Wednesday, MarketBeat.com reports.
A number of other research firms also recently issued reports on SZEVY. Zacks Investment Research upgraded Suez Environnement SA from a “hold” rating to a “buy” rating and set a $11.00 price objective for the company in a report on Tuesday, September 12th. Jefferies Group LLC raised Suez Environnement SA from a “hold” rating to a “buy” rating in a research report on Monday, June 26th. Finally, Goldman Sachs Group, Inc. (The) cut Suez Environnement SA from a “buy” rating to a “neutral” rating in a research report on Wednesday, May 24th.
Shares of Suez Environnement SA (OTCMKTS:SZEVY) traded down 5.03% during midday trading on Wednesday, hitting $9.25. The stock had a trading volume of 138,251 shares. Suez Environnement SA has a one year low of $6.73 and a one year high of $9.74. The company has a market capitalization of $10.62 billion, a PE ratio of 33.58 and a beta of 0.61. The firm’s 50-day moving average is $9.36 and its 200 day moving average is $8.78.
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Suez Environnement SA Company Profile
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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