Sodexo (OTCMKTS:SDXAY) Upgraded to Buy by Citigroup

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Citigroup upgraded shares of Sodexo (OTCMKTS:SDXAY) from a neutral rating to a buy rating in a report issued on Monday morning, The Fly reports.

SDXAY has been the subject of a number of other research reports. Deutsche Bank initiated coverage on shares of Sodexo in a report on Monday, February 3rd. They issued a hold rating for the company. ValuEngine upgraded shares of Sodexo from a sell rating to a hold rating in a report on Saturday, December 21st. Berenberg Bank upgraded shares of Sodexo from a hold rating to a buy rating in a report on Friday, January 17th. JPMorgan Chase & Co. upgraded shares of Sodexo from a neutral rating to an overweight rating in a report on Wednesday, January 8th. Finally, HSBC began coverage on shares of Sodexo in a report on Thursday, January 23rd. They set a buy rating for the company. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company’s stock. Sodexo currently has a consensus rating of Hold.

Shares of SDXAY opened at $21.33 on Monday. The company has a 50-day simple moving average of $22.23 and a 200-day simple moving average of $22.44. The company has a current ratio of 0.97, a quick ratio of 0.94 and a debt-to-equity ratio of 0.87. Sodexo has a 52-week low of $20.70 and a 52-week high of $23.91.

Sodexo Company Profile

Sodexo SA develops, manages, and delivers on-site, benefits and rewards, and personal and home services worldwide. It offers various on-site services, including construction, reception, medical equipment sterilization, cleaning, food, event management, and prisoner rehabilitation services to corporate, government, healthcare, senior, university, school, energy and resources, and sports and leisure customers.

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Analyst Recommendations for Sodexo (OTCMKTS:SDXAY)

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