Veolia Environnement (OTCMKTS:VEOEY) Upgraded 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 Saturday, 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. “

A number of other research analysts also recently weighed in on VEOEY. Barclays began coverage on shares of Veolia Environnement in a research report on Wednesday, April 17th. They set an overweight rating for the company. ValuEngine downgraded shares of Veolia Environnement from a buy rating to a hold rating in a research report on Tuesday, August 6th. Finally, Macquarie began coverage on shares of Veolia Environnement in a research report on Monday, June 17th. They set a neutral rating for the company. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Veolia Environnement has a consensus rating of Hold and a consensus price target of $27.00.

VEOEY stock traded up $0.08 during trading on Friday, reaching $24.76. The stock had a trading volume of 106,832 shares, compared to its average volume of 54,199. Veolia Environnement has a one year low of $18.90 and a one year high of $25.79. The stock has a 50 day moving average price of $24.99.

Veolia Environnement Company Profile

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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