Sodexo (OTCMKTS:SDXAY) Rating Increased to Hold at Zacks Research

Zacks Research upgraded shares of Sodexo (OTCMKTS:SDXAY) from a strong sell rating to a hold rating in a research report released on Tuesday,Zacks.com reports.

Other equities analysts also recently issued research reports about the stock. Citigroup downgraded shares of Sodexo from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 27th. Kepler Capital Markets cut shares of Sodexo from a “strong-buy” rating to a “hold” rating in a report on Friday, October 24th. Berenberg Bank downgraded shares of Sodexo from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 24th. Finally, UBS Group cut Sodexo from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 8th. Ten investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Reduce”.

Sodexo Stock Performance

OTCMKTS:SDXAY opened at $10.33 on Tuesday. Sodexo has a 12-month low of $10.05 and a 12-month high of $17.24. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.08 and a quick ratio of 1.03. The stock’s 50 day simple moving average is $11.02 and its 200-day simple moving average is $11.86.

Sodexo Company Profile

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.