Barclays Remains a Buy on Veolia Environnement (0NY8)
In a report released today, Peter Crampton from Barclays maintained a Buy rating on Veolia Environnement, with a price target of €38.50.
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According to TipRanks, Crampton is a 5-star analyst with an average return of 12.5% and a 70.15% success rate. Crampton covers the Utilities sector, focusing on stocks such as Fortum Corporation, Veolia Environnement, and E.ON SE.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Veolia Environnement with a €37.13 average price target.
Based on Veolia Environnement’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €22.05 billion and a net profit of €657 million. In comparison, last year the company earned a revenue of €22.14 billion and had a net profit of €651 million
