Edenred (OTCMKTS:EDNMY) Given Average Rating of “Hold” by Brokerages

Shares of Edenred (OTCMKTS:EDNMY) have earned a consensus rating of “Hold” from the seven ratings firms that are currently covering the company, Marketbeat.com reports. Five research analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and one has issued a strong buy recommendation on the company.

A number of equities analysts recently issued reports on EDNMY shares. Citigroup reiterated a “neutral” rating on shares of Edenred in a report on Friday, April 24th. Zacks Research upgraded shares of Edenred from a “strong sell” rating to a “hold” rating in a research note on Monday, June 1st. Finally, Jefferies Financial Group restated a “hold” rating on shares of Edenred in a report on Wednesday, June 10th.

Edenred Stock Performance

OTCMKTS EDNMY opened at $15.15 on Monday. Edenred has a 52 week low of $8.60 and a 52 week high of $17.00. The business has a 50 day moving average price of $13.32 and a 200-day moving average price of $11.79.

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.