Veolia : An extremely reassuring message … still inaudible to the market
>Outperform rating reasserted and target price of € 43.4 confirmed - Following the road show we organised in Belgium with the deputy CFO and the IR representative, we confirm our Outperform recommendation and our target price of € 43.4. The share price is adversely affected by investor fears regarding the economic slowdown which could affect the group’s performances despite its more resilient profile since the acquisition of Suez. At this stage, the level of activity ...Veolia Environnement provides environmental management services to public authorities, industrial and commercial services customers, and individuals worldwide. These services include the supply of water, the treatment and recovery of municipal or industrial effluent, waste collection, processing and recycling, the supply of heating and cooling services and the optimization of industrial processes. Co.'s business operations are conducted through three divisions, each specializing in a single business sector: Veolia Eau (Water), Veolia Energie (Dalkia, Energy Services) and Veolia Proprete (Environmental Services).
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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