Analysts Set Veolia Environnement SA (OTCMKTS:VEOEY) PT at $25.50

Veolia Environnement SA (OTCMKTS:VEOEY) has been assigned a consensus rating of “Hold” from the eight analysts that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $25.50.

Several research analysts have recently commented on the stock. Barclays cut shares of Veolia Environnement from an “overweight” rating to an “equal weight” rating in a report on Tuesday, August 27th. Macquarie raised shares of Veolia Environnement from a “neutral” rating to an “outperform” rating in a report on Thursday. BNP Paribas cut shares of Veolia Environnement from an “outperform” rating to a “neutral” rating in a report on Wednesday, September 11th. Societe Generale raised shares of Veolia Environnement from a “hold” rating to a “buy” rating in a report on Tuesday, September 3rd. Finally, JPMorgan Chase & Co. raised shares of Veolia Environnement from a “neutral” rating to an “overweight” rating and set a $25.50 target price on the stock in a report on Wednesday.

Shares of VEOEY opened at $25.44 on Wednesday. Veolia Environnement has a 12 month low of $18.90 and a 12 month high of $25.79. The firm’s 50 day moving average is $24.48 and its 200-day moving average is $24.05. The company has a quick ratio of 0.91, a current ratio of 0.96 and a debt-to-equity ratio of 1.72.

Veolia Environnement Company Profile

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.

Further Reading: Green Investing

Analyst Recommendations for Veolia Environnement (OTCMKTS:VEOEY)

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