Deutsche Bank Analysts Give Vivendi (EPA:VIV) a €37.00 Price Target
Vivendi (EPA:VIV) has been given a €37.00 ($43.02) target price by stock analysts at Deutsche Bank in a research note issued to investors on Friday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. Deutsche Bank’s price objective suggests a potential upside of 46.42% from the stock’s previous close.
A number of other brokerages have also weighed in on VIV. Barclays set a €27.50 ($31.98) price target on Vivendi and gave the stock a “buy” rating in a research note on Friday. Jefferies Financial Group set a €25.00 ($29.07) price target on Vivendi and gave the stock a “neutral” rating in a research note on Thursday, October 17th. Credit Suisse Group set a €30.10 ($35.00) price target on Vivendi and gave the stock a “buy” rating in a research note on Wednesday, December 11th. UBS Group set a €32.00 ($37.21) price target on Vivendi and gave the stock a “buy” rating in a research note on Friday. Finally, Morgan Stanley set a €31.00 ($36.05) price target on Vivendi and gave the stock a “buy” rating in a research note on Friday. Two equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of €31.36 ($36.47).
Shares of VIV stock opened at €25.27 ($29.38) on Friday. 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 simple moving average is €25.43 and its 200-day simple moving average is €25.14.
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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