Vivendi (VIV) PT Set at €24.50 by Credit Suisse Group

Credit Suisse Group set a €24.50 ($28.49) price objective on Vivendi (EPA:VIV) in a report issued on Friday. The brokerage currently has a buy rating on the stock.

Other equities research analysts have also recently issued research reports about the stock. Deutsche Bank set a €30.00 ($34.88) price target on shares of Vivendi and gave the company a buy rating in a research report on Tuesday, July 31st. UBS Group set a €25.50 ($29.65) price target on shares of Vivendi and gave the company a buy rating in a research report on Friday, July 27th. HSBC set a €25.00 ($29.07) price target on shares of Vivendi and gave the company a neutral rating in a research report on Wednesday, August 1st. Cfra set a €24.00 ($27.91) price target on shares of Vivendi and gave the company a neutral rating in a research report on Tuesday, July 31st. Finally, Barclays set a €23.00 ($26.74) price target on shares of Vivendi and gave the company a neutral rating in a research report on Tuesday, July 31st. Six equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Vivendi has a consensus rating of Buy and an average price target of €25.00 ($29.07).

VIV traded down €0.06 ($0.07) during trading on Friday, hitting €21.72 ($25.26). 7,930,000 shares of the stock traded hands, compared to its average volume of 4,570,000. Vivendi has a 12-month low of €16.85 ($19.59) and a 12-month 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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