Barclays downgraded shares of Sodexo (OTCMKTS:SDXAY - Free Report) from a strong-buy rating to a hold rating in a report issued on Thursday,Zacks.com reports.
A number of other analysts have also recently commented on the company. The Goldman Sachs Group cut Sodexo from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 26th. Deutsche Bank Aktiengesellschaft lowered Sodexo to a "hold" rating in a report on Friday, March 21st. Finally, BNP Paribas lowered shares of Sodexo from a "neutral" rating to an "underperform" rating in a research note on Thursday, January 16th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold".
Get Our Latest Report on Sodexo
Sodexo Price Performance
OTCMKTS SDXAY traded down $0.14 on Thursday, hitting $12.84. 61,702 shares of the stock were exchanged, compared to its average volume of 88,506. Sodexo has a 52-week low of $12.75 and a 52-week high of $20.55. The stock has a fifty day moving average price of $15.02 and a two-hundred day moving average price of $16.08. The company has a quick ratio of 1.03, a current ratio of 1.08 and a debt-to-equity ratio of 1.21.
Sodexo Company Profile
(
Get Free Report)
Sodexo SA provides food services and facilities management services worldwide. It offers various on-site services, which includes corporate services, energy and resources, government and agencies, and other services; healthcare and seniors; and learning solutions to schools and universities. The company also provides food services comprising retail service, food delivery, and meal and food vouchers, as well as digital food ordering services; savings and purchase solutions, data and digital tools, and advisory services and client support; and work-life balance and employee experience solutions.
Read More
Before you consider Sodexo, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sodexo wasn't on the list.
While Sodexo currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
