Sodexo (OTCMKTS:SDXAY) Upgraded to Outperform by Royal Bank of Canada

Royal Bank of Canada upgraded shares of Sodexo (OTCMKTS:SDXAYGet Rating) from a sector perform rating to an outperform rating in a research note released on Friday, The Fly reports.

A number of other equities research analysts have also recently commented on the company. Exane BNP Paribas raised Sodexo from an underperform rating to a neutral rating in a research note on Friday, March 18th. Zacks Investment Research cut shares of Sodexo from a hold rating to a sell rating in a report on Wednesday, April 6th. Bryan, Garnier & Co cut shares of Sodexo from a strong-buy rating to a buy rating and set a €95.00 ($103.26) price objective for the company. in a report on Friday, March 25th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Sodexo from €100.00 ($108.70) to €93.00 ($101.09) in a report on Wednesday, April 6th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of Hold and a consensus target price of $94.00.

Shares of Sodexo stock opened at $15.08 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.09 and a debt-to-equity ratio of 1.96. Sodexo has a 12 month low of $13.82 and a 12 month high of $20.96. The business has a fifty day simple moving average of $16.68 and a 200 day simple moving average of $17.59.

Sodexo Company Profile (Get Rating)

Sodexo SA develops, manages, and delivers on-site, benefits and rewards, and personal and home services worldwide. It provides various on-site services, including business and administration, which covers corporate, energy and resources, government and agencies, sports and leisure, and other customers; healthcare and seniors; and education services comprising schools and universities.

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