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

Edenred (OTCMKTS:EDNMYGet 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

(Get Rating)

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.

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