Sodexo (OTCMKTS:SDXAY) Rating Lowered to Hold at The Goldman Sachs Group

The Goldman Sachs Group cut shares of Sodexo (OTCMKTS:SDXAY - Free Report) from a strong-buy rating to a hold rating in a research note published on Wednesday morning,Zacks.com reports.

A number of other equities analysts have also issued reports on the stock. BNP Paribas lowered shares of Sodexo from a "neutral" rating to an "underperform" rating in a research report on Thursday, January 16th. Deutsche Bank Aktiengesellschaft downgraded Sodexo to a "hold" rating in a research note on Friday, March 21st. One analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Sodexo presently has a consensus rating of "Hold".

Sodexo Price Performance

OTCMKTS SDXAY traded down $0.03 during trading hours on Wednesday, hitting $12.93. The company had a trading volume of 62,118 shares, compared to its average volume of 89,095. The business has a 50 day moving average of $15.02 and a 200-day moving average of $16.08. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.03 and a current ratio of 1.08. Sodexo has a 1-year low of $12.86 and a 1-year high of $20.55.

Sodexo Company Profile

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.