Veolia Environnement (VEOEY) Cut to Hold at Zacks Investment Research
Zacks Investment Research cut shares of Veolia Environnement (OTCMKTS:VEOEY) from a buy rating to a hold rating in a research note issued to investors on Wednesday.
According to Zacks, “Veolia Environnement is the only global company to offer the entire range of environmental services in the water, waste management, energy and transportation sectors. Veolia has been creating global and integrated solutions for public and private sector clients over the world. The quality of its research, the expertise and synergies developed between its teams, its mastery of the public-private partnership model and our commitment to sustainable development have made us a benchmark player in major environmental matters. “
Other equities research analysts have also recently issued research reports about the company. Societe Generale raised Veolia Environnement from a hold rating to a buy rating in a research note on Wednesday, March 7th. Citigroup raised Veolia Environnement from a neutral rating to a buy rating in a research note on Tuesday, February 27th. ValuEngine raised Veolia Environnement from a hold rating to a buy rating in a research note on Friday, February 2nd. Goldman Sachs cut Veolia Environnement from a buy rating to a neutral rating in a research note on Tuesday, January 9th. Finally, Macquarie reissued a neutral rating on shares of Veolia Environnement in a research note on Wednesday, January 24th. Three equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Veolia Environnement currently has a consensus rating of Buy and a consensus price target of $27.00.
About Veolia Environnement
Veolia Environnement SA provides a range of environmental services worldwide. It operates through Water, Waste, and Energy businesses. The Water business integrates drinking water and wastewater activities, such as water distribution and collection, water and wastewater treatment and supply, industrial process water, wastewater sludge management, and recycling and reuse solutions, as well as construction of water treatment plant.
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