Vivendi (EPA:VIV) has been given a €28.00 ($32.56) target price by stock analysts at Morgan Stanley in a report issued on Friday. The brokerage presently has a “buy” rating on the stock. Morgan Stanley’s target price points to a potential upside of 28.91% from the company’s current price.
VIV has been the subject of a number of other reports. Credit Suisse Group set a €24.20 ($28.14) price target on shares of Vivendi and gave the company a “buy” rating in a report on Tuesday, July 31st. Barclays set a €23.00 ($26.74) price target on shares of Vivendi and gave the company a “neutral” rating in a report on Tuesday, June 26th. Cfra set a €24.00 ($27.91) price target on shares of Vivendi and gave the company a “neutral” rating in a report on Tuesday, July 31st. Goldman Sachs Group set a €30.00 ($34.88) price target on shares of Vivendi and gave the company a “buy” rating in a report on Tuesday, July 31st. Finally, UBS Group set a €26.00 ($30.23) price objective on shares of Vivendi and gave the company a “buy” rating in a research report on Wednesday, May 30th. Six investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Vivendi currently has a consensus rating of “Buy” and an average price target of €24.88 ($28.94).
VIV stock traded down €0.06 ($0.07) during mid-day trading on Friday, reaching €21.72 ($25.26). 7,930,000 shares of the stock traded hands, compared to its average volume of 4,570,000. Vivendi has a 52 week low of €16.85 ($19.59) and a 52 week high of €24.87 ($28.92).
Vivendi SA operates as a content media and communication company in France, rest of Europe, the United States, and internationally. It operates through Universal Music Group, Canal+ Group, Havas, Gameloft, Vivendi Village, and New Initiatives segments. The Universal Music Group segment is involved in the sale of digital and physical recorded music; and exploitation of music publishing rights, as well as provides artist and merchandising services.
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