J P Morgan Chase & Co Initiates Coverage on SUEZ (SZEVY)
J P Morgan Chase & Co started coverage on shares of SUEZ (OTCMKTS:SZEVY) in a research report report published on Thursday, The Fly reports. The firm issued an underweight rating on the utilities provider’s stock.
Other equities research analysts also recently issued reports about the stock. Credit Suisse Group downgraded shares of SUEZ from a neutral rating to an underperform rating in a research note on Wednesday, September 20th. Zacks Investment Research raised shares of SUEZ from a hold rating to a buy rating and set a $11.00 price target for the company in a research note on Tuesday, August 29th. BNP Paribas reaffirmed a neutral rating on shares of SUEZ in a research note on Monday, October 30th. Finally, ValuEngine raised shares of SUEZ from a hold rating to a buy rating in a research note on Friday, November 10th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus price target of $11.00.
SUEZ (OTCMKTS SZEVY) opened at $9.27 on Thursday. The company has a quick ratio of 1.11, a current ratio of 1.14 and a debt-to-equity ratio of 1.20. SUEZ has a fifty-two week low of $6.84 and a fifty-two week high of $9.74.
SUEZ SA, together with its subsidiaries, provides water management, recycling and waste recovery, water treatment, and consulting services. The company operates in Water Europe, Recycling and Recovery Europe, International, and Other segments. It provides water distribution and treatment services to individuals, local authorities, and industrial clients; waste collection and treatment services, including collection, sorting, recycling, composting, energy recovery, and landfilling for non-hazardous and hazardous waste for local authorities and industrial clients; and water, waste, and engineering services.
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