Veolia Environnement (OTCMKTS:VEOEY) Upgraded to Hold at Zacks Investment Research

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Zacks Investment Research upgraded shares of Veolia Environnement (OTCMKTS:VEOEY) from a sell rating to a hold rating in a research report released on Thursday morning, reports.

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. Barclays initiated coverage on Veolia Environnement in a research note on Wednesday, April 17th. They set an overweight rating for the company. Macquarie initiated coverage on Veolia Environnement in a research note on Monday, June 17th. They set a neutral rating for the company. Finally, ValuEngine upgraded Veolia Environnement from a hold rating to a buy rating in a research note on Saturday, June 22nd. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of Hold and a consensus price target of $27.00.

Shares of Veolia Environnement stock traded up $0.14 on Thursday, reaching $24.72. 88,065 shares of the company were exchanged, compared to its average volume of 45,998. Veolia Environnement has a 1-year low of $18.90 and a 1-year high of $25.79. The stock’s 50 day moving average is $24.88.

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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