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

Shares of Edenred (OTCMKTS:EDNMY) have received a consensus rating of “Hold” from the seven research firms that are currently covering the company, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating on the company.

A number of analysts have commented on the company. Kepler Capital Markets upgraded Edenred to a “strong-buy” rating in a research report on Sunday, March 15th. Zacks Research upgraded Edenred from a “strong sell” rating to a “hold” rating in a research note on Monday, June 1st. Jefferies Financial Group reissued a “hold” rating on shares of Edenred in a report on Wednesday, June 10th. Finally, Citigroup restated a “neutral” rating on shares of Edenred in a research note on Friday, April 24th.

Edenred Stock Performance

OTCMKTS:EDNMY opened at $12.45 on Thursday. Edenred has a one year low of $8.60 and a one year high of $17.00. The business has a fifty day moving average price of $12.57 and a 200-day moving average price of $11.31.

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.