Sodexo (OTCMKTS:SDXAY) Lowered to “Hold” Rating by Barclays

Barclays downgraded shares of Sodexo (OTCMKTS:SDXAY) from a strong-buy rating to a hold rating in a research note issued to investors on Thursday morning,Zacks.com reports.

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

Sodexo Stock Down 0.2 %

SDXAY opened at $12.93 on Thursday. The company has a 50 day moving average of $15.02 and a 200 day moving average of $16.10. The company has a quick ratio of 1.03, a current ratio of 1.08 and a debt-to-equity ratio of 1.21. Sodexo has a 12 month low of $12.86 and a 12 month high of $20.55.

Sodexo Company Profile

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.