Edenred (OTCMKTS:EDNMY) Given Consensus Rating of “Hold” by Analysts

Edenred (OTCMKTS:EDNMY) has been given an average recommendation of “Hold” by the seven ratings firms that are presently covering the firm, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company.

EDNMY has been the topic of a number of recent research reports. Zacks Research upgraded shares of Edenred from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 26th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Edenred in a research note on Monday, August 3rd. Jefferies Financial Group restated a “hold” rating on shares of Edenred in a research report on Wednesday, June 10th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Edenred in a research note on Thursday, July 30th.

Edenred Stock Performance

EDNMY stock opened at $17.80 on Tuesday. The company has a fifty day moving average price of $15.77 and a 200 day moving average price of $13.14. Edenred has a 12 month low of $8.60 and a 12 month high of $17.80.

Edenred Company Profile

Edenred is a global leader in prepaid corporate services, offering a suite of digital and paper-based solutions designed to enhance employee benefits, streamline expense management and support corporate fleets. The company originated in 1962 as part of the Accor group and was listed as an independent entity on Euronext Paris in 2010. Today, Edenred operates under the Ticket Restaurant® brand, which remains a flagship offering for meal voucher programs, alongside a host of other employee engagement and incentive tools.

The company’s core products and services include employee benefits such as meal vouchers, food allowances and leisure gift certificates, as well as incentive and rewards programs that help organizations motivate and recognize their workforce.