Zacks Investment Research upgraded shares of Veolia Environnement (OTCMKTS:VEOEY) from a sell rating to a hold rating in a research note issued to investors on Friday morning, Zacks.com reports.

According to Zacks, “Veolia Environnement is the only global company to offer the entire range of environmental services in the water, waste management, energy and transportation sectors. Veolia has been creating global and integrated solutions for public and private sector clients over the world. The quality of its research, the expertise and synergies developed between its teams, its mastery of the public-private partnership model and our commitment to sustainable development have made us a benchmark player in major environmental matters. “

A number of other research analysts also recently commented on the stock. JPMorgan Chase & Co. downgraded shares of Veolia Environnement from an overweight rating to a neutral rating in a research report on Wednesday, March 20th. Societe Generale restated a hold rating on shares of Veolia Environnement in a report on Friday, January 11th. Finally, ValuEngine cut shares of Veolia Environnement from a buy rating to a hold rating in a report on Saturday, January 5th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Veolia Environnement currently has a consensus rating of Hold.

OTCMKTS VEOEY opened at $23.29 on Friday. The stock has a market cap of $13.12 billion, a price-to-earnings ratio of 19.09, a price-to-earnings-growth ratio of 1.70 and a beta of 0.37. Veolia Environnement has a one year low of $18.90 and a one year high of $24.73.

About Veolia Environnement

Veolia Environnement SA designs and provides water, waste, and energy management solutions worldwide. The company is involved in the resource management, production, and delivery of drinking water and industrial process water; collection, treatment, and recycling of wastewater, including the treatment and recovery of waste; and design and construction of treatment and network infrastructure.

Featured Story: Why does the United States have a lingering trade deficit?

Get a free copy of the Zacks research report on Veolia Environnement (VEOEY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Veolia Environnement Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Veolia Environnement and related companies with MarketBeat.com's FREE daily email newsletter.