Veolia Environnement SA
VIE: XPAR (FRA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€73.00 | Qgdhqr | Bkqwlslf |
Veolia Earnings: Solid Start to the Year, Which Was Anticipated
We don't plan to materially change our EUR 30.50 fair value estimate after no-moat Veolia released solid first-quarter results albeit in line with the consensus it polled at the EBITDA level and maintained its 2023 guidance. Shares are in 3-star territory.