Edenred (OTCMKTS:EDNMY) Given Average Rating of “Hold” by Analysts

Edenred (OTCMKTS:EDNMY) has earned a consensus rating of “Hold” from the seven brokerages that are currently covering the stock, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold recommendation, one has given a buy recommendation and one has assigned a strong buy recommendation to the company.

Several research firms have issued reports on EDNMY. Citigroup restated a “neutral” rating on shares of Edenred in a report on Friday, April 24th. Zacks Research raised shares of Edenred from a “strong sell” rating to a “hold” rating in a research note on Monday, June 1st. Finally, Jefferies Financial Group reiterated a “hold” rating on shares of Edenred in a research report on Wednesday, June 10th.

Edenred Stock Performance

Shares of EDNMY stock opened at $15.20 on Monday. The business’s 50 day simple moving average is $13.05 and its 200 day simple moving average is $11.65. Edenred has a one year low of $8.60 and a one year high of $17.00.

Edenred Company Profile

Edenred is a global leader in prepaid corporate services, offering a suite of digital and paper-based solutions designed to enhance employee benefits, streamline expense management and support corporate fleets. The company originated in 1962 as part of the Accor group and was listed as an independent entity on Euronext Paris in 2010. Today, Edenred operates under the Ticket Restaurant® brand, which remains a flagship offering for meal voucher programs, alongside a host of other employee engagement and incentive tools.

The company’s core products and services include employee benefits such as meal vouchers, food allowances and leisure gift certificates, as well as incentive and rewards programs that help organizations motivate and recognize their workforce.