Sodexo (SDXAY) Upgraded by Zacks Investment Research to “Buy”
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 Friday. The brokerage presently has a $30.00 price objective on the business services provider’s stock. Zacks Investment Research‘s price target suggests a potential upside of 12.19% from the stock’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 subject of several other research reports. ValuEngine upgraded Sodexo from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, January 10th. Sanford C. Bernstein upgraded Sodexo from a “mkt perform” rating to an “outperform” rating in a research note on Wednesday, October 18th. Two equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $30.00.
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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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