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

Shares of Verbund Ag (OTCMKTS:OEZVYGet Rating) have been assigned an average rating of “Hold” from the ten analysts that are currently covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and four have given a buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is $80.00.

Several analysts have recently weighed in on the company. HSBC raised Verbund from a “hold” rating to a “buy” rating in a report on Friday, July 8th. Societe Generale raised Verbund from a “sell” rating to a “buy” rating in a report on Monday, June 13th. Deutsche Bank Aktiengesellschaft raised Verbund from a “hold” rating to a “buy” rating in a report on Thursday, May 26th. Cheuvreux raised Verbund from a “reduce” rating to a “hold” rating in a report on Thursday, June 2nd. Finally, Barclays raised Verbund from an “equal weight” rating to an “overweight” rating in a report on Monday, July 25th.

Verbund Price Performance

Shares of OTCMKTS OEZVY opened at $19.18 on Thursday. The business’s 50 day moving average is $21.01 and its two-hundred day moving average is $20.53. Verbund has a 12 month low of $16.79 and a 12 month high of $24.49.

Verbund (OTCMKTS:OEZVYGet Rating) last issued its quarterly earnings results on Thursday, July 28th. The company reported $0.19 EPS for the quarter. The business had revenue of $2.34 billion during the quarter.

Verbund Company Profile

(Get Rating)

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 in Austria and internationally. It operates through Hydro, New Renewables, Sales, Grid, and All Other segments.

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Analyst Recommendations for Verbund (OTCMKTS:OEZVY)

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