Shares of Edenred (OTCMKTS:EDNMY – Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $13.00, but opened at $13.65. Edenred shares last traded at $13.65, with a volume of 403 shares changing hands.
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on EDNMY shares. Jefferies Financial Group reaffirmed a “hold” rating on shares of Edenred in a research report on Friday, April 17th. Kepler Capital Markets raised shares of Edenred to a “strong-buy” rating in a research report on Sunday, March 15th. Zacks Research downgraded shares of Edenred from a “hold” rating to a “strong sell” rating in a research note on Wednesday, April 8th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Edenred in a research report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Edenred presently has an average rating of “Hold”.
Check Out Our Latest Stock Analysis on EDNMY
Edenred Trading Down 1.1%
About Edenred
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.
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