Verbund’s (OEZVY) Underweight Rating Reiterated at Barclays


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Verbund (OTCMKTS:OEZVY)‘s stock had its “underweight” rating reaffirmed by investment analysts at Barclays in a research note issued to investors on Tuesday, The Fly reports.

Other equities analysts also recently issued research reports about the stock. Berenberg Bank reaffirmed a “buy” rating on shares of Verbund in a report on Thursday, December 10th. Credit Suisse Group downgraded shares of Verbund from a “neutral” rating to an “underperform” rating in a report on Wednesday, December 2nd. Commerzbank AG (CBK.F) downgraded shares of Verbund from a “hold” rating to a “reduce” rating in a report on Thursday, October 29th. Finally, Societe Generale downgraded shares of Verbund from a “hold” rating to a “sell” rating in a report on Tuesday, November 10th. Five investment analysts have rated the stock with a sell rating and one has assigned a buy rating to the company. The stock presently has a consensus rating of “Sell”.

OEZVY opened at $18.29 on Tuesday. The company’s 50 day moving average is $16.05 and its 200 day moving average is $12.24. Verbund has a 12-month low of $5.75 and a 12-month high of $19.64.

Verbund (OTCMKTS:OEZVY) last posted its quarterly earnings data on Wednesday, November 4th. The company reported $0.11 earnings per share (EPS) for the quarter. The business had revenue of $945.23 million during the quarter.

Verbund Company Profile

VERBUND AG, together with its subsidiaries, generates, trades, and sells electricity to energy exchanges, traders, energy utilities and industrial companies, and households and commercial customers in Austria and internationally. The company operates through Renewable Generation, Sales, Grid, and All Other segments.

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Analyst Recommendations for Verbund (OTCMKTS:OEZVY)

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