Societe Generale Reaffirms buy Rating on Vivendi SA (VIV)
Shares of Vivendi SA traded up 1.75% during mid-day trading on Tuesday, hitting €16.00. Vivendi SA has a 52 week low of €12.35 and a 52 week high of €17.625. The company has a market cap of €20.616 billion and a P/E ratio of 15.79.
A number of other firms have also recently commented on VIV. Analysts at Independent Research GmbH reiterated a “hold” rating on shares of Vivendi SA in a research note to investors on Tuesday, October 2nd. They now have a $21.79 price target on the stock. Separately, analysts at Liberum Capital Ltd reiterated a “buy” rating on shares of Vivendi SA in a research note to investors on Tuesday, October 2nd. They now have a $25.64 price target on the stock. Finally, analysts at Oddo & Cie reiterated a “buy” rating on shares of Vivendi SA in a research note to investors on Tuesday, October 2nd. They now have a $24.36 price target on the stock.
Vivendi SA is a France-based company engaged in telecommunications services and media entertainment. The Company operates six core subsidiaries: Activision Blizzard, a 60%-owned publisher of online and console games; Universal Music Group, a 100%-owned recorded music company; SFR, a 100%-owned French telecommunications operator; Maroc Telecom Group, a 53%-owned mobile and fixed-line and Internet operator in Morocco, active also in Burkina Faso, Gabon, Mauritania and Mali; GVT, a 100%-owned telecommunications operator in Brazil; and Groupe Canal+, a 100% subsidiary, which offers premium and theme channel distribution and programming in France.
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