Shares in Veolia Environnement are approaching an important resistance level. The stock's technical chart suggests that this pivot level will be broken. Investors should benefit from the breakout of the € 20.75 level to target the € 22.
The company has solid fundamentals for a short-term investment strategy.
As regards fundamentals, the enterprise value to sales ratio is at 0.78 for the current period. Therefore, the company is undervalued.
The company is one of the best yield companies with high dividend expectations.
Analysts covering this company mostly recommend stock overweighting or purchase.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
Manages water supplies and distribution systems and provides waste management servicesVeolia Environnement SA engages in the management of water supplies and distribution systems and provides waste management services.It operates through the following business segments: Water, Environmental...