Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) Receives Consensus Recommendation of “Hold” from Analysts

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) has been assigned an average rating of “Hold” from the nine research firms that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and one has issued a buy recommendation on the company.

Several research analysts recently commented on the stock. Royal Bank Of Canada restated a “sector perform” rating on shares of Sodexo in a report on Monday. Jefferies Financial Group raised shares of Sodexo from a “hold” rating to a “buy” rating in a research report on Monday, March 30th. Citigroup reissued a “neutral” rating on shares of Sodexo in a research note on Tuesday, July 14th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Sodexo in a research report on Friday, July 3rd. Finally, Morgan Stanley reissued an “underweight” rating on shares of Sodexo in a research report on Tuesday, July 7th.

Sodexo Stock Up 3.3%

Shares of SDXAY opened at $12.49 on Friday. The stock’s fifty day simple moving average is $11.55 and its 200 day simple moving average is $10.76. Sodexo has a twelve month low of $9.08 and a twelve month high of $13.22.

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.