Veolia Environnement (OTCMKTS:VEOEY) Earns Hold Rating from Zacks Investment Research

Veolia Environnement (OTCMKTS:VEOEY)‘s stock had its “hold” rating reissued by Zacks Investment Research in a research report issued on Saturday, 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 equities analysts have also issued reports about the company. JPMorgan Chase & Co. lowered Veolia Environnement from an “overweight” rating to a “neutral” rating in a research report on Wednesday, March 20th. Barclays started coverage on Veolia Environnement in a research report on Wednesday, April 17th. They set an “overweight” rating on the stock. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Veolia Environnement presently has an average rating of “Hold” and an average target price of $27.00.

Shares of OTCMKTS:VEOEY traded up $0.08 during trading on Friday, reaching $23.84. 17,417 shares of the stock were exchanged, compared to its average volume of 37,871. Veolia Environnement has a 1-year low of $18.90 and a 1-year high of $24.25.

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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