The underlying tendency is to the upside for shares in Veolia Environnement and the timing is opportune to get back into the stock. A comeback of the upward dynamic can be anticipated. Investors have an opportunity to buy the stock and target the € 22.
The company has solid fundamentals for a short-term investment strategy.
The company shows low valuation levels, with an enterprise value at 0.79 times its sales.
The company is one of the best yield companies with high dividend expectations.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
Within the weekly time frame the stock shows a bullish technical configuration above the support level at 18.15 EUR
The share is close to its long-term resistance in weekly data. Therefore, the potential should be limited. However, a further bullish movement when crossing this resistance will be a positive signal.
As estimated by analysts, this group is among those businesses with the lowest growth prospects.