Sodexo (OTCMKTS:SDXAY) Stock Price Up 4.5% – What’s Next?

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY)’s share price shot up 4.5% during trading on Monday. The company traded as high as $13.11 and last traded at $13.11. Approximately 2,095 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 162,168 shares. The stock had previously closed at $12.55.

Analysts Set New Price Targets

SDXAY has been the subject of several recent research reports. Royal Bank Of Canada reissued a “sector perform” rating on shares of Sodexo in a report on Monday, July 20th. Zacks Research upgraded Sodexo from a “strong sell” rating to a “hold” rating in a research report on Friday, September 18th. Morgan Stanley reaffirmed an “underweight” rating on shares of Sodexo in a research note on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Sodexo in a research report on Friday, July 3rd. Finally, Citigroup reaffirmed a “neutral” rating on shares of Sodexo in a research report on Wednesday, September 9th. One equities research analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Sodexo has a consensus rating of “Hold”.

Sodexo Stock Performance

The company’s 50-day moving average price is $12.91 and its 200 day moving average price is $11.95.

Sodexo Company Profile

Sodexo SA is a France-based company that provides food services and facilities management solutions to organizations and institutions. Its services include catering, food preparation, hospitality, cleaning, maintenance, reception, security, workplace management and other support services designed to help clients operate their facilities.

The company serves a broad range of customers, including businesses, hospitals and healthcare facilities, schools and universities, government agencies, sports and leisure venues, and remote work sites.