Vivendi (EPA:VIV) has been given a €23.60 ($27.44) price objective by investment analysts at Jefferies Financial Group in a report released on Tuesday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. Jefferies Financial Group’s price objective would indicate a potential downside of 6.42% from the company’s current price.
Other equities research analysts have also recently issued research reports about the company. Deutsche Bank set a €37.00 ($43.02) target price on Vivendi and gave the stock a “buy” rating in a report on Monday, July 29th. HSBC set a €27.00 ($31.40) target price on Vivendi and gave the stock a “buy” rating in a report on Monday, July 22nd. Credit Suisse Group set a €30.10 ($35.00) target price on Vivendi and gave the stock a “buy” rating in a report on Wednesday, July 31st. Barclays set a €26.50 ($30.81) price target on shares of Vivendi and gave the stock a “neutral” rating in a research report on Friday, July 26th. Finally, Goldman Sachs Group set a €32.20 ($37.44) price target on shares of Vivendi and gave the stock a “buy” rating in a research report on Tuesday. Four analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of €29.22 ($33.97).
Shares of EPA:VIV opened at €25.22 ($29.33) on Tuesday. Vivendi has a 12 month low of €16.85 ($19.59) and a 12 month high of €24.87 ($28.92). The business’s 50 day moving average price is €24.83.
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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