Brokerages Set Veolia Environnement SA (VEOEY) Price Target at $27.00

Shares of Veolia Environnement SA (OTCMKTS:VEOEY) have earned a consensus recommendation of “Buy” from the six analysts that are presently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $27.00.

VEOEY has been the topic of several recent research reports. Zacks Investment Research lowered shares of Veolia Environnement from a “hold” rating to a “sell” rating in a report on Friday, March 8th. JPMorgan Chase & Co. lowered shares of Veolia Environnement from an “overweight” rating to a “neutral” rating in a report on Wednesday, March 20th. Finally, Barclays initiated coverage on shares of Veolia Environnement in a report on Wednesday, April 17th. They issued an “overweight” rating on the stock.

Shares of VEOEY opened at $22.38 on Friday. Veolia Environnement has a 1-year low of $18.90 and a 1-year high of $24.10.

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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