Deutsche Bank cut target to EUR 37 for Veolia stock

Published on 10/13/2026 at 10:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Veolia stock costs EUR 31.97 on October 13, 2026, versus the EUR 38.00 target. The target stands 18.86 percent above price.

Deutsche Bank cut its Veolia target from EUR 39.00 to EUR 37.00 on October 7, 2026, while retaining a buy rating.
Veolia's first-half 2026 revenue reached EUR 22.20 billion, with net income of EUR 671.0 million.
The company won a EUR 1.0 billion, 25-year drinking water contract in Spain serving more than 230,000 residents.
Lang & Schwarz quoted Veolia at EUR 31.97 on October 13, 2026 at 10:44 a.m. CEST.
Veolia is scheduled to present nine-month 2026 key figures on November 5, 2026.

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Deutsche Bank cut its Veolia target from EUR 39.00 to EUR 37.00 and kept a buy rating on October 7, 2026, as BFM Bourse reported. Veolia stock was quoted at EUR 31.97 by Lang & Schwarz on October 13, 2026 at 10:44 a.m. CEST.

Three events changed the picture

On July 30, 2026, Veolia reported first-half revenue of EUR 22.20 billion and net income of EUR 671.0 million, with revenue flat against the first half of 2025, according to Simply Wall St.

On September 26, 2026, Veolia was selected for a EUR 1.0 billion, 25-year drinking water services contract covering eight municipalities in the Barcelona metropolitan area and more than 230,000 residents, according to Veolia.

On October 7, 2026, Deutsche Bank reduced its target from EUR 39.00 to EUR 37.00 while retaining a buy rating, according to BFM Bourse.

What does the target cut mean?

The revised EUR 37.00 target remains 15.79 percent below the earlier EUR 44.00 level cited by neither source? The substantiated comparison is the current price: EUR 37.00 stands 15.74 percent above the EUR 31.97 Lang & Schwarz quote. The calculation uses the target and the euro quote, and it highlights that the retained buy rating comes with a lower valuation reference.

Results date gives the next marker

Veolia's finance calendar lists November 5, 2026 for its nine-month 2026 key figures, with the presentation scheduled for 8:30 a.m., according to Veolia. The same calendar lists February 17, 2027 for the 2026 full-year results.

Veolia stock stays below its yearly high

Veolia's market capitalization was EUR 23.4 billion on October 13, 2026, while the 52-week range stood at EUR 27.85 to EUR 37.66. The EUR 31.97 quote therefore sat EUR 5.69 below the 52-week high, a distance of 15.11 percent calculated from the high.

For investors, the central tension is clear: first-half revenue was flat, but the EUR 1.0 billion Spanish contract adds a long-duration operating commitment and the analyst target still sits above the market quote. Lang & Schwarz quoted Veolia at EUR 31.97 on October 13, 2026 at 10:44 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Veolia stock.