Edenred (OTCMKTS:EDNMY) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Edenred (OTCMKTS:EDNMY) have been given an average recommendation of “Moderate Buy” by the six analysts that are presently covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a hold recommendation, one has assigned a buy recommendation and one has given a strong buy recommendation to the company.

Several equities analysts have recently commented on the company. Kepler Capital Markets upgraded Edenred to a “strong-buy” rating in a research note on Sunday. Zacks Research upgraded shares of Edenred from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 4th. Finally, UBS Group lowered shares of Edenred from a “strong-buy” rating to a “hold” rating in a report on Friday, January 23rd.

Edenred Price Performance

Shares of OTCMKTS EDNMY opened at $10.50 on Tuesday. Edenred has a twelve month low of $9.80 and a twelve month high of $18.66. The business has a fifty 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.