Edenred (OTCMKTS:EDNMY) Rating Increased to Strong-Buy at Kepler Capital Markets

Kepler Capital Markets upgraded shares of Edenred (OTCMKTS:EDNMY) to a strong-buy rating in a research report released on Sunday,Zacks.com reports.

A number of other research firms also recently issued reports on EDNMY. Zacks Research raised shares of Edenred from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 4th. UBS Group downgraded Edenred from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 23rd. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Edenred Stock Performance

Shares of Edenred stock opened at $10.50 on Friday. Edenred has a 1 year low of $9.80 and a 1 year high of $18.66. The company has a 50 day simple moving average of $10.74 and a two-hundred day simple moving average of $11.59.

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.