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.
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.
- Get a free copy of the StockNews.com research report on Edenred (EDNMY)
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