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Veolia: Oddo confirms rating

(CercleFinance.com) - Oddo has confirmed its Buy rating on the Veolia stock, along with its target price of 22 euros.

Veolia yesterday organised a meeting to present the key themes of its long-term (2040) growth plan. These themes include food, energy and depollution.

Oddo says that the group presented alternative solutions to the challenge of food and offers to facilitate a better use of water resources, fertilizers etc.

The energy challenge will pass via techniques that the group already masters and which are integrated into the decentralised network, the broker added.

Finally, the depollution of soil, air and water remain little developed at this stage, pending more restrictive regulations.

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