Kepler Capital Markets Downgrades Vivendi (OTCMKTS:VIVHY) to Hold

Vivendi (OTCMKTS:VIVHYGet Free Report) was downgraded by equities researchers at Kepler Capital Markets from a “strong-buy” rating to a “hold” rating in a report issued on Friday, Zacks reports.

Vivendi Stock Performance

Shares of OTCMKTS:VIVHY opened at $1.68 on Friday. Vivendi has a 12-month low of $1.68 and a 12-month high of $3.68. The company’s 50 day moving average price is $2.04 and its two-hundred day moving average price is $2.27.

About Vivendi

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Vivendi is a French multinational conglomerate headquartered in Paris, primarily active in the media, entertainment and communications sectors. The company’s diversified portfolio encompasses music, television, film, video games and advertising, reflecting its evolution from a water utility to a global content powerhouse. Vivendi operates through major subsidiaries and associated businesses, positioning itself as a key player in the creation, distribution and promotion of creative content around the world.

In the music industry, Vivendi holds a significant stake in Universal Music Group, one of the world’s leading music enterprises.

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