Veolia Environnement S.A. (OTCMKTS:VEOEY) Given Consensus Rating of “Hold” by Analysts

Veolia Environnement S.A. (OTCMKTS:VEOEYGet Rating) has earned an average recommendation of “Hold” from the five brokerages that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and one has given a buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $32.75.

A number of research firms recently weighed in on VEOEY. Citigroup assumed coverage on shares of Veolia Environnement in a report on Friday. They issued a “neutral” rating on the stock. JPMorgan Chase & Co. assumed coverage on shares of Veolia Environnement in a research note on Tuesday, July 26th. They set an “underweight” rating for the company. Finally, Morgan Stanley reduced their price target on shares of Veolia Environnement from €34.00 ($34.69) to €29.00 ($29.59) in a research report on Thursday, August 18th.

Veolia Environnement Price Performance

Shares of VEOEY stock opened at $21.11 on Friday. The firm has a fifty day simple moving average of $23.51 and a 200-day simple moving average of $26.60. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.95 and a current ratio of 0.98. Veolia Environnement has a twelve month low of $20.67 and a twelve month high of $37.80.

Veolia Environnement Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, July 22nd. Investors of record on Friday, July 8th were given a $0.8178 dividend. The ex-dividend date of this dividend was Thursday, July 7th. This represents a yield of 7.37%.

Veolia Environnement Company Profile

(Get Rating)

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; and design and construction of treatment and network infrastructure.

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Analyst Recommendations for Veolia Environnement (OTCMKTS:VEOEY)

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