Veolia Environnement (OTCMKTS:VEOEY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Saturday.
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. “
Separately, Goldman Sachs Group upgraded Veolia Environnement from a “neutral” rating to a “buy” rating in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $27.00.
About Veolia Environnement
Veolia Environnement SA designs and provides water, waste, and energy management solutions worldwide. It offers environmental management services, including drinking water treatment and distribution, wastewater treatment, waste management, and energy services comprising heating and cooling, and electricity for local authorities and individuals, and industrial or commercial service companies.
See Also: What is the float in trading stocks?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Veolia Environnement Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Veolia Environnement and related companies with MarketBeat.com's FREE daily email newsletter.