Veolia Environnement (VEOEY) Upgraded by UBS Group to Strong-Buy

Veolia Environnement (OTCMKTS:VEOEY) was upgraded by equities researchers at UBS Group from an “outperform” rating to a “strong-buy” rating in a research report issued to clients and investors on Friday, The Fly reports.

A number of other equities analysts have also commented on the stock. Goldman Sachs Group lowered shares of Veolia Environnement from a “buy” rating to a “neutral” rating in a research note on Tuesday, January 9th. ValuEngine raised shares of Veolia Environnement from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Zacks Investment Research raised shares of Veolia Environnement from a “sell” rating to a “hold” rating in a research note on Wednesday, December 27th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Veolia Environnement in a research note on Thursday, December 7th. They set an “overweight” rating for the company. Two research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $27.00.

Veolia Environnement (VEOEY) opened at $25.77 on Friday. Veolia Environnement has a 52 week low of $15.98 and a 52 week high of $26.40. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.02 and a quick ratio of 0.97.

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About Veolia Environnement

Veolia Environnement SA (Veolia) is engaged in providing environmental management services, which include drinking water treatment and distribution, wastewater and sanitation services, and waste management and energy services. The Company’s segments include France; Europe, excluding France; Rest of the world; Global Businesses, and Other.

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