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Edenred (OTCMKTS:EDNMY) Lowered to "Hold" Rating by Barclays

Edenred logo with Business Services background

Edenred (OTCMKTS:EDNMY - Get Free Report) was downgraded by stock analysts at Barclays from a "strong-buy" rating to a "hold" rating in a research report issued on Sunday,Zacks.com reports.

Separately, Citigroup upgraded shares of Edenred to a "hold" rating in a report on Tuesday, October 15th.

Read Our Latest Analysis on EDNMY

Edenred Trading Up 1.2 %

Shares of EDNMY stock traded up $0.20 on Friday, reaching $17.20. 5,558 shares of the stock were exchanged, compared to its average volume of 6,412. Edenred has a 1-year low of $14.00 and a 1-year high of $30.75. The firm has a 50 day moving average of $16.15 and a two-hundred day moving average of $17.81.

Edenred Company Profile

(Get Free Report)

Edenred SE provides digital platform for services and payments for companies, employees, and merchants worldwide. It offers employee benefit solutions, including Ticket Restaurant, a solution that allows employees to take time out for lunch at a partner merchant; Ticket Alimentación that allows users to pay for groceries in neighborhood stores and supermarkets; Ticket Regalo, a gift voucher; Ticket CESU, a human services solution; Ticket Plus Card, a solution that enables the purchase of staples, such as food and fuel; Ticket Welfare, which employees can use to pay for a range of services, such as access to sports facilities and solutions for their children's educational needs; Ticket Guardería for companies without on-site daycare facilities; Childcare Vouchers; Ticket EcoCheque, a solutions that encourages purchase of environmentally friendly products; Ticket Kadeos Culture and Ticket Cultura that are solutions for cultural goods and services.

Further Reading

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