Vivendi (EPA:VIV) PT Set at €27.20 by Credit Suisse Group

Vivendi (EPA:VIV) has been given a €27.20 ($31.63) target price by analysts at Credit Suisse Group in a research note issued to investors on Wednesday, June 26th, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Credit Suisse Group’s target price points to a potential upside of 8.76% from the stock’s previous close.

A number of other brokerages also recently issued reports on VIV. Kepler Capital Markets set a €29.70 ($34.53) price target on shares of DWS Group & GmbH Co KgaA and gave the company a “neutral” rating in a report on Wednesday, April 24th. Deutsche Bank raised shares of CYBERAGENT INC/ADR from a “hold” rating to a “buy” rating in a report on Wednesday, June 12th. JPMorgan Chase & Co. raised their price target on shares of Vermilion Energy from C$42.00 to C$43.00 in a report on Monday, May 13th. Barclays set a €45.00 ($52.33) price target on shares of Zalando and gave the company a “buy” rating in a report on Tuesday, April 16th. Finally, Goldman Sachs Group downgraded shares of to a “sell” rating and set a GBX 270 ($3.53) price target on the stock. in a report on Wednesday, June 5th. Four equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of €28.35 ($32.97).

Shares of EPA:VIV traded up €0.06 ($0.07) during midday trading on Wednesday, hitting €25.01 ($29.08). The company’s stock had a trading volume of 3,049,044 shares, compared to its average volume of 4,570,000. Vivendi has a fifty-two week low of €16.85 ($19.59) and a fifty-two week high of €24.87 ($28.92). The stock’s 50 day moving average is €24.57.

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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