Edenred (OTCMKTS:EDNMY) Price Target Increased to €56.00 by Analysts at Barclays

Edenred (OTCMKTS:EDNMY – Get Rating) had its price target boosted by Barclays from €53.00 ($54.08) to €56.00 ($57.14) in a research note issued on Thursday, The Fly reports.

Several other analysts also recently weighed in on the company. Berenberg Bank boosted their target price on Edenred from €35.00 ($35.71) to €42.00 ($42.86) in a report on Thursday, June 9th. Deutsche Bank Aktiengesellschaft upped their price objective on Edenred from €54.20 ($55.31) to €54.40 ($55.51) in a research report on Thursday. Morgan Stanley upped their target price on Edenred from €52.00 ($53.06) to €53.00 ($54.08) and gave the company an “overweight” rating in a research note on Wednesday. Finally, Credit Suisse Group upped their price objective on Edenred from €56.00 ($57.14) to €60.00 ($61.22) and gave the stock an “outperform” rating in a report on Wednesday.

Edenred Trading Up 0.2 %

Edenred stock opened at $25.45 on Thursday. Edenred has a 52-week low of $20.37 and a 52-week high of $29.86. The company’s 50 day moving average is $23.87 and its two-hundred day moving average is $23.72.

About Edenred

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Edenred SA provides transactional solutions for companies, employees, and merchants worldwide. It offers employee benefit solutions, including Ticket Restaurant, Ticket Alimentación, Ticket Transporte, Ticket Cultura, and Ticket CESU; and fleet and mobility solutions, such as Ticket Log, Ticket Car, and UTA.