Sodexo (OTCMKTS:SDXAY) Stock Rating Upgraded by Zacks Research

Sodexo (OTCMKTS:SDXAY) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a note issued to investors on Tuesday,Zacks.com reports.

A number of other brokerages have also recently commented on SDXAY. UBS Group cut shares of Sodexo from a “strong-buy” rating to a “hold” rating in a report on Monday, December 8th. Citigroup cut Sodexo from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 27th. Berenberg Bank downgraded Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 24th. Finally, Kepler Capital Markets downgraded Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 24th. Ten investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Sodexo has a consensus rating of “Reduce”.

Sodexo Stock Performance

SDXAY stock opened at $10.33 on Tuesday. The company has a fifty day moving average price of $11.02 and a 200 day moving average price of $11.86. The company has a current ratio of 1.08, a quick ratio of 1.03 and a debt-to-equity ratio of 1.18. Sodexo has a 12 month low of $10.05 and a 12 month high of $17.24.

About Sodexo

Sodexo is a global provider of integrated facilities management and food services, offering a wide range of solutions designed to enhance quality of life for clients across corporate, education, healthcare, remote site and sports & leisure markets. The company’s core activities include workplace dining and catering, reception and concierge services, cleaning and technical maintenance, security, grounds maintenance, and energy management. Sodexo partners with organizations to streamline operations, improve employee engagement and well-being, and ensure safe, sustainable environments.

Founded in 1966 by Pierre Bellon in Marseille, France, Sodexo has grown through both organic expansion and strategic acquisitions.