Sodexo (OTCMKTS:SDXAY) Upgraded by Jefferies Financial Group to “Buy” Rating

Jefferies Financial Group upgraded shares of Sodexo (OTCMKTS:SDXAY) from a hold rating to a buy rating in a report issued on Monday, Marketbeat reports.

SDXAY has been the subject of a number of other reports. Morgan Stanley downgraded shares of Sodexo from an “overweight” rating to an “underweight” rating in a research report on Wednesday, January 7th. Zacks Research raised Sodexo from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 23rd. Finally, UBS Group lowered Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 8th. One equities research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold”.

Sodexo Stock Up 4.2%

Shares of OTCMKTS SDXAY opened at $10.19 on Monday. The company has a 50 day simple moving average of $10.52 and a two-hundred day simple moving average of $10.98. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.03 and a current ratio of 1.08. Sodexo has a 12 month low of $9.53 and a 12 month high of $13.95.

Sodexo Company Profile

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.