Edenred (OTCMKTS:EDNMY) Upgraded at Kepler Capital Markets

Kepler Capital Markets upgraded shares of Edenred (OTCMKTS:EDNMY) to a strong-buy rating in a research note released on Sunday morning,Zacks.com reports.

Several other research firms have also recently issued reports on EDNMY. UBS Group cut Edenred from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 23rd. Zacks Research raised Edenred from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Edenred Stock Down 1.4%

EDNMY stock opened at $10.35 on Friday. Edenred has a one year low of $9.80 and a one year high of $18.66. The firm’s 50 day moving average price is $10.72 and its 200-day moving average price is $11.56.

Edenred Company Profile

Edenred is a global leader in prepaid corporate services, offering a suite of digital and paper-based solutions designed to enhance employee benefits, streamline expense management and support corporate fleets. The company originated in 1962 as part of the Accor group and was listed as an independent entity on Euronext Paris in 2010. Today, Edenred operates under the Ticket Restaurant® brand, which remains a flagship offering for meal voucher programs, alongside a host of other employee engagement and incentive tools.

The company’s core products and services include employee benefits such as meal vouchers, food allowances and leisure gift certificates, as well as incentive and rewards programs that help organizations motivate and recognize their workforce.