Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) Given Consensus Recommendation of “Reduce” by Analysts

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) has earned a consensus rating of “Reduce” from the ten brokerages that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation and nine have assigned a hold recommendation to the company.

A number of research analysts have recently commented on the stock. Morgan Stanley cut shares of Sodexo from an “overweight” rating to an “underweight” rating in a report on Wednesday, January 7th. Berenberg Bank downgraded shares of Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 24th. Zacks Research raised shares of Sodexo from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 23rd. Citigroup lowered Sodexo from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 27th. Finally, Kepler Capital Markets cut Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 24th.

Sodexo Trading Up 1.0%

Shares of Sodexo stock opened at $11.33 on Wednesday. The company has a quick ratio of 1.03, a current ratio of 1.08 and a debt-to-equity ratio of 1.18. The stock’s fifty day moving average is $10.47 and its two-hundred day moving average is $11.34. Sodexo has a 52 week low of $9.68 and a 52 week high of $17.24.

Sodexo Company Profile

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.