Vivendi (OTCMKTS: VIVHY) was downgraded by Zacks Investment Research from a “hold” rating to a “strong sell” rating in a research report released Friday, Zacks.com reports.
According to Zacks, “Vivendi SA is a media and telecommunications company based in France. The Company’s media activity is made up of Universal Music Group (UMG), Vivendi Games and the Canal + Group. Its telecommunications activity is made up of SFR and Maroc Telecom. Universal Music Group (UMG) specializes in the publishing and distribution of musical content. Vivendi Games develops, publishes and distributes interactive multi-platform entertainment. Canal + Group is particularly involved in the production and distribution of pay television in France. SFR is a mobile telecommunications operator and is also present in the fixed telecommunications market. Maroc Telecom is a telecommunications operator (mobile, fixed and Internet) in Morocco. The Company also holds a stake in NBC Universal, specializing in the development, the production and marketing of entertainment, information and information to a global audience. Vivendi SA is headquartered in Paris, France. “
Several other brokerages have also recently commented on VIVHY. JPMorgan Chase & Co. reaffirmed an “overweight” rating on Vivendi shares in a research note on Thursday, August 26. The UBS Group reaffirmed a “buy” note on Vivendi shares in a research note on Thursday August 26th. Sanford C. Bernstein downgraded Vivendi’s rating from an “outperformance” rating to a “market performance” rating in a Tuesday June 1 research note. Kepler Capital Markets reissued a “buy” note on Vivendi shares in a research report on Friday July 23. Finally, Credit Suisse Group reissued an “outperformance” rating on Vivendi shares in a research report on Monday. One equity research analyst rated the stock with a sell rating, two issued a custody rating, and ten issued a buy rating for the company’s stock. According to MarketBeat.com, Vivendi has an average rating of “Buy” and a consensus target price of $ 40.00.
VIVHY shares opened at $ 39.50 on Friday. Vivendi has a 1-year low of $ 27.02 and a 1-year high of $ 42.70. The company’s 50-day moving average is $ 36.29 and its 200-day moving average is $ 35.06. The company has a market cap of $ 43.78 billion, a price / earnings ratio of 32.38, a PEG ratio of 1.39 and a beta of 0.69. The company has a current ratio of 0.63, a quick ratio of 0.61 and a debt ratio of 0.25.
Vivendi Company Profile
Vivendi SE specializes in the provision of media and telecommunications services. It operates through the following segments: Universal Music, Canal +, Havas, Editis, Gameloft, Vivendi Village, New Initiatives and Corporate. The Universal Music segment includes the sale of recorded music (digital and physical), exploitation of music publishing rights, as well as artist services and merchandising.
See also: Market Timing
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