Barclays Downgrades Sodexo (OTCMKTS:SDXAY) to Hold

Sodexo (OTCMKTS:SDXAY) was downgraded by investment analysts at Barclays from a “strong-buy” rating to a “hold” rating in a report issued on Thursday,Zacks.com reports.

Several other brokerages have also recently issued reports on SDXAY. The Goldman Sachs Group cut Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. Deutsche Bank Aktiengesellschaft lowered shares of Sodexo to a “hold” rating in a research note on Friday, March 21st. Finally, BNP Paribas downgraded shares of Sodexo from a “neutral” rating to an “underperform” rating in a research report on Thursday, January 16th. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Sodexo has an average rating of “Hold”.

Sodexo Trading Down 0.2 %

OTCMKTS:SDXAY opened at $12.93 on Thursday. The company has a quick ratio of 1.03, a current ratio of 1.08 and a debt-to-equity ratio of 1.21. The company has a 50 day moving average price of $15.02 and a 200 day moving average price of $16.10. Sodexo has a fifty-two week low of $12.86 and a fifty-two week high of $20.55.

About Sodexo

Sodexo SA provides food services and facilities management services worldwide. It offers various on-site services, which includes corporate services, energy and resources, government and agencies, and other services; healthcare and seniors; and learning solutions to schools and universities. The company also provides food services comprising retail service, food delivery, and meal and food vouchers, as well as digital food ordering services; savings and purchase solutions, data and digital tools, and advisory services and client support; and work-life balance and employee experience solutions.