Sodexo (OTCMKTS:SDXAY) Upgraded at Zacks Research

Zacks Research upgraded shares of Sodexo (OTCMKTS:SDXAYFree Report) from a strong sell rating to a hold rating in a research report sent to investors on Tuesday,Zacks.com reports.

Several other research analysts have also recently weighed in on SDXAY. Berenberg Bank cut Sodexo from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 24th. UBS Group downgraded shares of Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 8th. Citigroup lowered shares of Sodexo from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 27th. Finally, Kepler Capital Markets downgraded shares of Sodexo from a “strong-buy” rating to a “hold” rating in a report on Friday, October 24th. Ten research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce”.

Read Our Latest Stock Analysis on Sodexo

Sodexo Trading Up 0.1%

Shares of OTCMKTS SDXAY opened at $10.33 on Tuesday. The business’s 50 day moving average is $10.97 and its 200-day moving average is $11.85. The company has a current ratio of 1.08, a quick ratio of 1.03 and a debt-to-equity ratio of 1.18. Sodexo has a 1-year low of $10.05 and a 1-year high of $17.24.

About Sodexo

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Sodexo is a global provider of integrated facilities management and food services, offering a wide range of solutions designed to enhance quality of life for clients across corporate, education, healthcare, remote site and sports & leisure markets. The company’s core activities include workplace dining and catering, reception and concierge services, cleaning and technical maintenance, security, grounds maintenance, and energy management. Sodexo partners with organizations to streamline operations, improve employee engagement and well-being, and ensure safe, sustainable environments.

Founded in 1966 by Pierre Bellon in Marseille, France, Sodexo has grown through both organic expansion and strategic acquisitions.

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