Zacks Investment Research upgraded shares of SUEZ/ADR (OTCMKTS:SZEVY) from a sell rating to a hold rating in a report released on Wednesday.
According to Zacks, “SUEZ Environment Company performs various water and waste management services to protect resources and ecosystems. The company provides innovative solutions to millions of people and industries in the drinking water, wastewater treatment and waste management fields. Its water management services include catchment, treatment and distribution of drinking water; collection and purification of domestic and industrial water; biological and energy development of waste resulting from purification. In the waste management segment the Company is engaged in the collection of waste (except radioactive waste and urban waste); selection and preliminary treatment of waste; recycling that involves material, biological and energy recovery of recoverable waste; and elimination of residual waste by incineration or landfill. SUEZ Environment Company is headquartered in Paris, France. “
Several other equities research analysts have also commented on SZEVY. ValuEngine lowered SUEZ/ADR from a buy rating to a hold rating in a research note on Wednesday, January 2nd. Jefferies Financial Group lowered SUEZ/ADR from a buy rating to a hold rating in a research note on Friday, February 1st. Finally, Morgan Stanley lowered SUEZ/ADR from an equal rating to a weight rating in a research note on Wednesday, January 30th.
OTCMKTS:SZEVY opened at $6.45 on Wednesday. The company has a quick ratio of 0.85, a current ratio of 0.89 and a debt-to-equity ratio of 1.06. The firm has a market capitalization of $7.83 billion, a PE ratio of 24.79 and a beta of 0.43. SUEZ/ADR has a one year low of $6.15 and a one year high of $7.71.
SUEZ/ADR Company Profile
SUEZ SA, together with its subsidiaries, engages in the water and waste cycle management business. The company operates through five segments: Water Europe, Recycling and Recovery Europe, International, Water Technologies & Solutions, and Other. It provides water distribution and treatment services to individuals, local authorities, and industrial clients; waste collection and treatment services, including collection, sorting, recycling, composting, energy recovery, and landfilling for non-hazardous and hazardous waste for local authorities and industrial clients.
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