Sodexo SA (SDXAY) Upgraded to Buy by Citigroup Inc.

Sodexo SA (OTC:SDXAY) was upgraded by research analysts at Citigroup Inc. from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Tuesday.

Several other research analysts also recently weighed in on the stock. Morgan Stanley downgraded shares of Sodexo SA from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, July 18th. Deutsche Bank AG downgraded shares of Sodexo SA from a “buy” rating to a “hold” rating in a research report on Friday, July 7th.

Shares of Sodexo SA (OTC SDXAY) traded up 0.33% during mid-day trading on Tuesday, reaching $24.62. 7,075 shares of the company were exchanged. The company’s 50 day moving average price is $23.40 and its 200 day moving average price is $24.39. The firm has a market capitalization of $18.21 billion, a PE ratio of 25.59 and a beta of 0.65. Sodexo SA has a 12 month low of $20.61 and a 12 month high of $27.91.

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About Sodexo SA

Sodexo SA is a holding company. The Company offers services, such as on-site services, benefits and reward services, and personal and home services. It serves its consumers in approximately 80 countries. It operates in Continental Europe, North America, the United Kingdom and Ireland, and Rest of the World.

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