Veolia Environnement SA
VIE: XPAR (FRA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€82.30 | Tfqvlq | Kdmsddvs |
Veolia Earnings: In Line With Expectations; 2024 Guidance Confirmed; Shares Materially Undervalued
We maintain our EUR 38.50 fair value estimate after narrow-moat Veolia released first-half results in line with company-compiled consensus and confirmed its 2024 guidance. Shares are materially undervalued.