BNP Paribas Downgrades Veolia Environnement (OTCMKTS:VEOEY) to Neutral

BNP Paribas lowered shares of Veolia Environnement (OTCMKTS:VEOEY) from an outperform rating to a neutral rating in a research note published on Wednesday morning, Briefing.com Automated Import reports.

Several other equities analysts have also weighed in on the stock. Macquarie initiated coverage on shares of Veolia Environnement in a research report on Monday, June 17th. They set a neutral rating on the stock. Societe Generale raised shares of Veolia Environnement from a hold rating to a buy rating in a research report on Tuesday, September 3rd. Barclays lowered shares of Veolia Environnement from an overweight rating to an equal weight rating in a research report on Tuesday, August 27th. ValuEngine lowered shares of Veolia Environnement from a buy rating to a hold rating in a research report on Tuesday, August 6th. Finally, Zacks Investment Research lowered shares of Veolia Environnement from a hold rating to a sell rating in a research report on Tuesday, September 3rd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. The stock presently has a consensus rating of Hold and an average price target of $27.00.

Shares of VEOEY opened at $23.86 on Wednesday. The firm’s 50 day moving average price is $24.46 and its 200 day moving average price is $23.71. Veolia Environnement has a twelve month low of $18.90 and a twelve month high of $25.79.

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.

Featured Article: Why is the LIBOR significant?

Analyst Recommendations for Veolia Environnement (OTCMKTS:VEOEY)

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.