Vivendi (VIV) PT Set at €24.20 by Credit Suisse Group

Vivendi (EPA:VIV) has been assigned a €24.20 ($28.14) price objective by Credit Suisse Group in a note issued to investors on Tuesday. The firm presently has a “buy” rating on the stock. Credit Suisse Group’s price objective suggests a potential upside of 11.42% from the company’s previous close.

Several other research analysts have also weighed in on the stock. Goldman Sachs Group set a €30.00 ($34.88) price objective on shares of Vivendi and gave the stock a “buy” rating in a research note on Monday, September 17th. Morgan Stanley set a €28.00 ($32.56) price objective on shares of Vivendi and gave the stock a “buy” rating in a research note on Friday, September 7th. UBS Group set a €25.00 ($29.07) price objective on shares of Vivendi and gave the stock a “buy” rating in a research note on Monday, September 3rd. HSBC set a €25.00 ($29.07) price objective on shares of Vivendi and gave the stock a “neutral” rating in a research note on Wednesday, August 1st. Finally, Cfra set a €24.00 ($27.91) price objective on shares of Vivendi and gave the stock a “neutral” rating in a research note on Tuesday, July 31st. Six investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of €24.88 ($28.94).

Vivendi stock opened at €21.72 ($25.26) on Tuesday. Vivendi has a fifty-two week low of €16.85 ($19.59) and a fifty-two week high of €24.87 ($28.92).

About Vivendi

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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