Vivendi SA (VIVHY) Cut to “Hold” at Zacks Investment Research

Zacks Investment Research cut shares of Vivendi SA (NASDAQ:VIVHY) from a buy rating to a hold rating in a research report released on Tuesday.

According to Zacks, “Vivendi SA is a France-based media and telecommunications company. The Company’s media business is comprised of Universal Music Group (UMG), Vivendi Games and the Canal+ Group. Its telecommunications business is comprised of SFR and Maroc Telecom. Universal Music Group (UMG) specializes in the publishing and distribution of music content. Vivendi Games develops, publishes and distributes multiplatform interactive entertainment. Canal+ Group is notably engaged in the production and distribution of pay-television in France. SFR is a mobile telecommunications operator and is also engaged in the fixed-line telecommunications market. Maroc Telecom is a telecommunications operator (mobile, fixed and Internet) in Morocco. The Company also holds stake in NBC Universal, which specializes in the development, production, and marketing of entertainment, news and information to a global audience. Vivendi SA is headquartered in Paris, France. “

Several other research firms have also recently commented on VIVHY. Barclays PLC upgraded Vivendi SA from an underweight rating to an equal weight rating in a research report on Friday, September 1st. UBS AG upgraded Vivendi SA from a market perform rating to an outperform rating in a research report on Friday, June 23rd.

Vivendi SA (VIVHY) opened at 24.98 on Tuesday. Vivendi SA has a one year low of $17.12 and a one year high of $25.21. The firm has a market cap of $31.17 billion and a price-to-earnings ratio of 56.13. The company’s 50-day moving average price is $23.31 and its 200-day moving average price is $21.33.

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Vivendi SA Company Profile

Vivendi SA is engaged in media and content businesses. The Company operates businesses throughout the media value chain, from talent discovery to the creation, production and distribution of content. Its segments include Universal Music Group, Canal+ Group, Gameloft, Vivendi Village, New Initiatives and Corporate.

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