Sodexo (OTCMKTS:SDXAY) Upgraded at Jefferies Financial Group

Jefferies Financial Group upgraded shares of Sodexo (OTCMKTS:SDXAY) from a hold rating to a buy rating in a research note released on Monday, MarketBeat.com reports.

Several other equities research analysts have also recently weighed in on SDXAY. UBS Group cut Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 8th. Morgan Stanley downgraded shares of Sodexo from an “overweight” rating to an “underweight” rating in a research note on Wednesday, January 7th. Finally, Zacks Research raised Sodexo from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 23rd. One analyst has rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold”.

Sodexo Trading Up 2.0%

OTCMKTS:SDXAY opened at $10.54 on Monday. The stock’s 50 day simple moving average is $10.55 and its two-hundred day simple moving average is $10.97. Sodexo has a 1 year low of $9.53 and a 1 year high of $13.95. The company has a quick ratio of 1.03, a current ratio of 1.08 and a debt-to-equity ratio of 1.18.

About Sodexo

Sodexo is a global provider of integrated facilities management and food services, offering a wide range of solutions designed to enhance quality of life for clients across corporate, education, healthcare, remote site and sports & leisure markets. The company’s core activities include workplace dining and catering, reception and concierge services, cleaning and technical maintenance, security, grounds maintenance, and energy management. Sodexo partners with organizations to streamline operations, improve employee engagement and well-being, and ensure safe, sustainable environments.

Founded in 1966 by Pierre Bellon in Marseille, France, Sodexo has grown through both organic expansion and strategic acquisitions.