Vivendi (EPA:VIV) PT Set at €34.00 by Deutsche Bank

Vivendi (EPA:VIV) has been given a €34.00 ($39.53) target price by research analysts at Deutsche Bank in a report released on Monday, June 3rd, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. Deutsche Bank’s target price suggests a potential upside of 39.00% from the stock’s current price.

Several other brokerages also recently commented on VIV. UBS Group set a €25.00 ($29.07) price objective on Vivendi and gave the company a “buy” rating in a research report on Thursday, February 7th. Jefferies Financial Group set a €22.00 ($25.58) price objective on Vivendi and gave the company a “neutral” rating in a research report on Friday, February 15th. Barclays set a €23.50 ($27.33) price objective on Vivendi and gave the company a “neutral” rating in a research report on Friday, February 15th. Credit Suisse Group set a €25.40 ($29.53) price objective on Vivendi and gave the company a “buy” rating in a research report on Monday, February 18th. Finally, HSBC set a €26.50 ($30.81) price objective on Vivendi and gave the company a “buy” rating in a research report on Wednesday, February 20th. Four analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of €28.22 ($32.81).

EPA:VIV traded down €0.32 ($0.37) during mid-day trading on Monday, hitting €24.46 ($28.44). 4,367,430 shares of the company traded hands, compared to its average volume of 4,570,000. The company has a fifty day moving average of €24.46. Vivendi has a one year low of €16.85 ($19.59) and a one year high of €24.87 ($28.92).

About Vivendi

Vivendi SA operates as a content media and communication company in France, rest of Europe, the Americas, Asia/Oceania, and Africa. It operates through Universal Music Group, Canal+ Group, Havas, Gameloft, Vivendi Village, and New Initiatives segments. The Universal Music Group segment engages in the sale of digital and physical recorded music; and exploitation of music publishing rights, as well as provision of artist and merchandising services.

Recommended Story: How Does the Quiet Period Work?

Analyst Recommendations for Vivendi (EPA:VIV)

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



Leave a Reply