Sodexo (OTCMKTS:SDXAY) Lowered to Strong Sell Rating by Zacks Research

Sodexo (OTCMKTS:SDXAY) was downgraded by stock analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued on Wednesday, Zacks reports.

SDXAY has been the subject of a number of other research reports. Citigroup reaffirmed a “neutral” rating on shares of Sodexo in a research report on Tuesday, July 14th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Sodexo in a research note on Friday, July 3rd. Morgan Stanley reaffirmed an “underweight” rating on shares of Sodexo in a report on Tuesday, July 7th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Sodexo in a research report on Monday, July 20th. One analyst has rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce”.

Sodexo Price Performance

Shares of OTCMKTS:SDXAY opened at $13.54 on Wednesday. Sodexo has a 1-year low of $9.08 and a 1-year high of $13.69. The company’s fifty day moving average is $12.71 and its two-hundred day moving average is $11.38.

Sodexo Company Profile

Sodexo is a global provider of integrated facilities management and food services, offering a wide range of solutions designed to enhance quality of life for clients across corporate, education, healthcare, remote site and sports & leisure markets. The company’s core activities include workplace dining and catering, reception and concierge services, cleaning and technical maintenance, security, grounds maintenance, and energy management. Sodexo partners with organizations to streamline operations, improve employee engagement and well-being, and ensure safe, sustainable environments.

Founded in 1966 by Pierre Bellon in Marseille, France, Sodexo has grown through both organic expansion and strategic acquisitions.