Analysts at J P Morgan Chase & Co initiated coverage on shares of Veolia Environnement (OTCMKTS:VEOEY) in a research report issued on Thursday, The Fly reports. The firm set an “overweight” rating on the utilities provider’s stock.

Several other research analysts have also recently issued reports on VEOEY. ValuEngine upgraded Veolia Environnement from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Zacks Investment Research upgraded Veolia Environnement from a “hold” rating to a “strong-buy” rating and set a $27.00 price objective for the company in a research note on Thursday, September 14th.

Shares of Veolia Environnement (OTCMKTS VEOEY) traded up $0.06 during midday trading on Thursday, reaching $25.14. The company’s stock had a trading volume of 35,524 shares, compared to its average volume of 37,256. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.02 and a quick ratio of 0.97. Veolia Environnement has a fifty-two week low of $15.90 and a fifty-two week high of $25.34.

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About Veolia Environnement

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.

The Fly

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