Sodexo (SDXAY) Upgraded at Zacks Investment Research
Sodexo (OTCMKTS:SDXAY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued to investors on Saturday. The brokerage currently has a $28.00 price target on the business services provider’s stock. Zacks Investment Research‘s price objective would suggest a potential upside of 7.55% from the company’s previous close.
According to Zacks, “Sodexo S.A. manages and delivers services. The company provide services in three primary business areas: on-site services, benefits and rewards services and personal and home services worldwide. On-site services includes construction management, reception, medical equipment sterilization, housekeeping, technical maintenance, leisure cruises, foodservices and prisoner rehabilitation to corporate, healthcare, education, defense, remote sites, justice services. Benefits and rewards services provide passes and vouchers. Personal and Home Services includes childcare, tutoring, concierge services and in-home service care facilities. Sodexo S.A., formerly known as Sodexho Alliance SA, is headquartered in Issy-les-Moulineaux, France. “
SDXAY has been the topic of several other reports. Sanford C. Bernstein upgraded shares of Sodexo from a “mkt perform” rating to an “outperform” rating in a report on Wednesday, October 18th. ValuEngine upgraded shares of Sodexo from a “buy” rating to a “strong-buy” rating in a report on Wednesday. Two equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $28.00.
Shares of Sodexo (SDXAY) opened at $26.04 on Friday. The company has a quick ratio of 0.97, a current ratio of 1.01 and a debt-to-equity ratio of 0.84. The firm has a market cap of $19,880.00, a price-to-earnings ratio of 22.84 and a beta of 0.78. Sodexo has a twelve month low of $21.44 and a twelve month high of $27.91.
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Sodexo Company Profile
Sodexo SA is a holding company. The Company offers services, such as on-site services, benefits and reward services, and personal and home services. It serves its consumers in approximately 80 countries. It operates in Continental Europe, North America, the United Kingdom and Ireland, and Rest of the World.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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