Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) Receives Consensus Recommendation of “Hold” from Brokerages

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) has been given a consensus rating of “Hold” by the nine research firms that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and one has assigned a buy recommendation to the company.

A number of brokerages recently weighed in on SDXAY. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Sodexo in a research report on Friday, July 3rd. Zacks Research raised Sodexo from a “strong sell” rating to a “hold” rating in a report on Friday, September 18th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Sodexo in a report on Monday, July 20th. Citigroup reiterated a “neutral” rating on shares of Sodexo in a research report on Wednesday, September 9th. Finally, Morgan Stanley reissued an “underweight” rating on shares of Sodexo in a report on Tuesday, July 7th.

Sodexo Stock Performance

Shares of Sodexo stock opened at $12.19 on Thursday. The company has a fifty day simple moving average of $13.09 and a 200-day simple moving average of $11.69. Sodexo has a 12-month low of $9.08 and a 12-month high of $13.69.

Sodexo Company Profile

Sodexo is a France-based company that provides food services and facilities management solutions to businesses, schools, hospitals, government organizations and other institutions. Its services include food preparation and catering, workplace and site management, cleaning, maintenance, reception, security and other support services designed to improve the operation of client facilities.

Founded in Marseille in 1966 by Pierre Bellon, Sodexo has grown into an international service provider serving clients across North America, Europe, Asia-Pacific, Latin America and other regions.