Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) Given Consensus Recommendation of “Reduce” by Analysts

Shares of Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) have been assigned a consensus rating of “Reduce” from the nine brokerages that are presently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and one has given a buy recommendation to the company.

SDXAY has been the subject of several recent research reports. Zacks Research cut Sodexo from a “hold” rating to a “strong sell” rating in a research note on Wednesday. Royal Bank Of Canada restated a “sector perform” rating on shares of Sodexo in a research note on Monday, July 20th. Morgan Stanley reaffirmed an “underweight” rating on shares of Sodexo in a report on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Sodexo in a research note on Friday, July 3rd. Finally, Citigroup reiterated a “neutral” rating on shares of Sodexo in a report on Tuesday, July 14th.

Sodexo Price Performance

SDXAY opened at $13.41 on Friday. Sodexo has a 12 month low of $9.08 and a 12 month high of $13.69. The business has a fifty day moving average price of $12.75 and a 200 day moving average price of $11.39.

About Sodexo

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.