Vivendi SA (EPA:VIV) Receives Average Recommendation of “Buy” from Brokerages

Vivendi SA (EPA:VIV) has been given a consensus rating of “Buy” by the twelve analysts that are currently covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is €28.35 ($32.97).

A number of research analysts have weighed in on VIV shares. Credit Suisse Group started coverage on shares of Magna International in a research note on Wednesday, June 26th. They issued a “neutral” rating and a $55.00 price target on the stock. Jefferies Financial Group reissued a “buy” rating and issued a GBX 99 ($1.29) price objective on shares of in a research report on Friday, June 28th. Deutsche Bank raised shares of CYBERAGENT INC/ADR from a “hold” rating to a “buy” rating in a research report on Wednesday, June 12th. Barclays set a €45.00 ($52.33) price objective on shares of Zalando and gave the stock a “buy” rating in a research report on Tuesday, April 16th. Finally, Goldman Sachs Group set a €32.20 ($37.44) price objective on shares of Vivendi and gave the stock a “buy” rating in a research report on Friday.

VIV traded down €0.10 ($0.12) during trading on Tuesday, reaching €24.91 ($28.97). The company had a trading volume of 3,369,534 shares, compared to its average volume of 4,570,000. Vivendi has a 12 month low of €16.85 ($19.59) and a 12 month high of €24.87 ($28.92). The company’s fifty day moving average price is €24.62.

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.

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Analyst Recommendations for Vivendi (EPA:VIV)

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