Veolia Environnement (0NY8) Receives a Buy from Kepler Capital
In a report released on November 26, Juan Rodriguez from Kepler Capital maintained a Buy rating on Veolia Environnement, with a price target of €42.00. The company’s shares closed last Wednesday at €29.35.
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Rodriguez covers the Utilities sector, focusing on stocks such as Veolia Environnement, Severn Trent, and Engie SA. According to TipRanks, Rodriguez has an average return of 6.5% and a 56.06% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Veolia Environnement with a €38.83 average price target, a 32.30% upside from current levels. In a report released on November 21, Barclays also reiterated a Buy rating on the stock with a €38.50 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
