Veolia Environnement (VEOEY) Stock Rating Lowered by Zacks Investment Research

Zacks Investment Research lowered shares of Veolia Environnement (OTCMKTS:VEOEY) from a buy rating to a sell rating in a research note issued to investors on Friday, Zacks.com 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 research analysts also recently issued reports about the stock. JPMorgan Chase & Co. downgraded shares of Veolia Environnement from an overweight rating to a neutral rating in a research note on Wednesday, March 20th. Barclays began coverage on shares of Veolia Environnement in a research note on Wednesday, April 17th. They issued an overweight rating on the stock. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus target price of $27.00.



Shares of OTCMKTS VEOEY opened at $22.32 on Friday. Veolia Environnement has a 52 week low of $18.90 and a 52 week high of $24.10.

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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