Veolia Environnement (OTCMKTS:VEOEY) Rating Increased to Outperform at Macquarie

Veolia Environnement (OTCMKTS:VEOEY) was upgraded by analysts at Macquarie from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Thursday, The Fly reports.

VEOEY has been the subject of several other reports. BNP Paribas cut shares of Veolia Environnement from an “outperform” rating to a “neutral” rating in a research note on Wednesday, September 11th. Barclays cut shares of Veolia Environnement from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, August 27th. Societe Generale raised shares of Veolia Environnement from a “hold” rating to a “buy” rating in a research note on Tuesday, September 3rd. JPMorgan Chase & Co. raised shares of Veolia Environnement from a “neutral” rating to an “overweight” rating and set a $25.50 target price for the company in a research note on Wednesday. Finally, ValuEngine cut shares of Veolia Environnement from a “buy” rating to a “hold” rating in a research note on Tuesday, August 6th. One analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company’s stock. Veolia Environnement presently has a consensus rating of “Hold” and an average target price of $26.25.

VEOEY stock opened at $25.44 on Thursday. The stock has a market capitalization of $14.33 billion, a P/E ratio of 28.91, a PEG ratio of 1.74 and a beta of 0.35. The company has a debt-to-equity ratio of 1.72, a quick ratio of 0.91 and a current ratio of 0.96. Veolia Environnement has a one year low of $18.90 and a one year high of $25.79. The company has a 50 day moving average price of $24.48 and a two-hundred day moving average price of $24.05.

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.

Further Reading: What does an outperform rating mean?

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Analyst Recommendations for Veolia Environnement (OTCMKTS:VEOEY)

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