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

Tipranks - Thu Mar 19, 8:54PM CDT

Kepler Capital analyst Juan Rodriguez maintained a Buy rating on Veolia Environnement on March 17 and set a price target of €42.00. The company’s shares closed last Tuesday at €33.19.

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According to TipRanks, Rodriguez is a 5-star analyst with an average return of 9.6% and a 60.00% success rate. Rodriguez covers the Utilities sector, focusing on stocks such as Elia System Operator SA/NV, Engie SA, and Severn Trent.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Veolia Environnement with a €37.63 average price target, a 13.38% upside from current levels. In a report released on March 10, Deutsche Bank also maintained a Buy rating on the stock with a €35.00 price target.

Based on Veolia Environnement’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €22.35 billion and a net profit of €560 million. In comparison, last year the company earned a revenue of €22.55 billion and had a net profit of €446 million

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