Veolia Environnement SA (VEOEY) Receives Consensus Rating of “Buy” from Analysts

Shares of Veolia Environnement SA (OTCMKTS:VEOEY) have earned an average recommendation of “Buy” from the six analysts that are currently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $27.00.

VEOEY has been the topic of several analyst reports. Zacks Investment Research upgraded Veolia Environnement from a “sell” rating to a “strong-buy” rating and set a $27.00 target price on the stock in a research note on Wednesday, May 1st. Barclays initiated coverage on Veolia Environnement in a research note on Wednesday, April 17th. They issued an “overweight” rating on the stock. Finally, JPMorgan Chase & Co. lowered Veolia Environnement from an “overweight” rating to a “neutral” rating in a research note on Wednesday, March 20th.

VEOEY stock opened at $23.34 on Friday. Veolia Environnement has a 1-year low of $18.90 and a 1-year high of $24.71.

About Veolia Environnement

Veolia Environnement SA designs and provides water, waste, and energy management solutions worldwide. The company is involved in the resource management, production, and delivery of drinking water and industrial process water; collection, treatment, and recycling of wastewater, including the treatment and recovery of waste; and design and construction of treatment and network infrastructure.

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