Kepler Capital Sticks to Its Buy Rating for Veolia Environnement (0NY8)

Kepler Capital analyst Juan Rodriguez maintained a Buy rating on Veolia Environnement (0NY8 – Research Report) on March 17 and set a price target of €41.00. The company’s shares closed last Monday at €31.45.

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According to TipRanks, Rodriguez is a 4-star analyst with an average return of 4.5% and a 50.45% success rate.

Veolia Environnement has an analyst consensus of Strong Buy, with a price target consensus of €35.21, which is an 11.96% upside from current levels. In a report released yesterday, Bernstein also initiated coverage with a Buy rating on the stock with a €38.00 price target.

Based on Veolia Environnement’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €22.14 billion and a net profit of €651 million. In comparison, last year the company earned a revenue of €22.76 billion and had a net profit of €522.9 million