Sodexo (OTCMKTS:SDXAY) Given New €90.00 Price Target at Morgan Stanley

Sodexo (OTCMKTS:SDXAYGet Rating) had its target price decreased by Morgan Stanley from €100.00 ($102.04) to €90.00 ($91.84) in a report issued on Thursday, The Fly reports.

Other analysts have also issued research reports about the stock. HSBC upgraded shares of Sodexo from a hold rating to a buy rating in a research note on Thursday, June 9th. Exane BNP Paribas upgraded shares of Sodexo from a neutral rating to an outperform rating in a research note on Friday, August 12th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Sodexo from €93.00 ($94.90) to €94.00 ($95.92) in a research note on Tuesday, July 5th. BNP Paribas upgraded shares of Sodexo from a neutral rating to an outperform rating in a research note on Friday, August 12th. Finally, Jefferies Financial Group lowered shares of Sodexo from a buy rating to a hold rating in a research note on Friday, August 19th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, Sodexo has a consensus rating of Moderate Buy and an average target price of $93.00.

Sodexo Stock Performance

SDXAY opened at $16.13 on Thursday. The firm’s 50 day moving average is $15.70 and its 200-day moving average is $15.38. Sodexo has a 52-week low of $13.51 and a 52-week high of $20.10. The company has a current ratio of 1.08, a quick ratio of 1.04 and a debt-to-equity ratio of 1.75.

Sodexo Company Profile

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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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Analyst Recommendations for Sodexo (OTCMKTS:SDXAY)

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