Veolia Environnement SA (VEOEY) Given Consensus Recommendation of “Hold” by Brokerages

Veolia Environnement SA (OTCMKTS:VEOEY) has been given a consensus recommendation of “Hold” by the six brokerages that are presently covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company.

A number of equities research analysts recently weighed in on VEOEY shares. Barclays started coverage on shares of Veolia Environnement in a report on Wednesday. They set an “overweight” rating for the company. Zacks Investment Research upgraded shares of Veolia Environnement from a “sell” rating to a “hold” rating in a report on Friday, April 12th. Finally, JPMorgan Chase & Co. lowered shares of Veolia Environnement from an “overweight” rating to a “neutral” rating in a report on Wednesday, March 20th.

Shares of Veolia Environnement stock traded down $0.04 during trading on Wednesday, hitting $23.71. The stock had a trading volume of 2,718 shares, compared to its average volume of 35,660. The firm has a market capitalization of $13.36 billion, a PE ratio of 19.43, a price-to-earnings-growth ratio of 1.71 and a beta of 0.37. Veolia Environnement has a 12 month low of $18.90 and a 12 month high of $24.73.

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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