Verbund Ag (OTCMKTS:OEZVY) Receives Consensus Recommendation of “Hold” from Brokerages

Verbund Ag (OTCMKTS:OEZVYGet Free Report) has earned an average recommendation of “Hold” from the eight analysts that are presently covering the company, Marketbeat.com reports. Six research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $92.00.

A number of analysts have issued reports on the company. Kepler Capital Markets raised Verbund from a “reduce” rating to a “hold” rating in a research report on Tuesday, April 25th. Societe Generale cut Verbund from a “buy” rating to a “hold” rating in a research report on Friday, July 21st.

Verbund Stock Performance

OEZVY stock opened at $15.87 on Friday. Verbund has a twelve month low of $14.28 and a twelve month high of $23.97. The stock’s 50 day moving average is $15.39 and its 200-day moving average is $16.26.

Verbund (OTCMKTS:OEZVYGet Free Report) last posted its earnings results on Thursday, May 11th. The company reported $0.33 earnings per share for the quarter. The company had revenue of $3.50 billion during the quarter.

Verbund Company Profile

(Get Free Report

VERBUND AG, together with its subsidiaries, generates, trades, and sells electricity to energy exchanges, traders, electric utilities and industrial companies, and households and commercial customers. It operates through Hydro, New Renewables, Sales, Grid, and All Other segments. The company operates hydropower plants with a capacity of 8,417 megawatts (MW); wind farms with a capacity of 468 MW; solar power with a capacity of 443 MW; and 1 thermal power plant.

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Analyst Recommendations for Verbund (OTCMKTS:OEZVY)

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