Elior Group (OTCMKTS:ELROF – Get Rating) had its price objective decreased by stock analysts at Deutsche Bank Aktiengesellschaft from €3.10 ($3.23) to €3.00 ($3.13) in a report issued on Monday, The Fly reports. The brokerage presently has a “hold” rating on the stock.
Separately, UBS Group reduced their price objective on Elior Group from €6.60 ($6.88) to €3.30 ($3.44) and set a “neutral” rating for the company in a research report on Friday, April 29th.
OTCMKTS ELROF remained flat at $$6.53 on Monday. Elior Group has a 12-month low of $6.17 and a 12-month high of $7.57. The firm’s fifty day simple moving average is $6.53 and its 200 day simple moving average is $6.69.
Elior Group SA offers contract catering and support services in France, the United States, the United Kingdom, Spain, Italy, India, and internationally. The company provides contract catering services to business, education, and health and welfare sectors under the Elior brand. It also offers a range of value-added services under the Elior Services brand, such as cleaning and hygiene services for hotels, industrial sites, shops and retail outlets, and food industries; biological cleaning and hospitality services in the healthcare sector; and facility management and support services, including reception, internal mail handling, minor repairs and maintenance, and gardening for corporate clients.
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