Sodexo (OTCMKTS:SDXAY) Raised to Buy at Deutsche Bank

Deutsche Bank upgraded shares of Sodexo (OTCMKTS:SDXAY) from a hold rating to a buy rating in a research note issued to investors on Wednesday morning, The Fly reports.

SDXAY has been the subject of several other research reports. ValuEngine raised Sodexo from a sell rating to a hold rating in a research note on Thursday, July 2nd. UBS Group reaffirmed a buy rating on shares of Sodexo in a research note on Thursday, July 9th. AlphaValue downgraded Sodexo to a buy rating in a research note on Thursday, July 9th. Citigroup downgraded Sodexo from a buy rating to a neutral rating in a research note on Tuesday, June 16th. Finally, Berenberg Bank reaffirmed a buy rating on shares of Sodexo in a research note on Tuesday, July 14th. Four analysts have rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the company. The company currently has a consensus rating of Hold and a consensus price target of $17.00.

OTCMKTS:SDXAY opened at $13.76 on Wednesday. The company has a market capitalization of $10.14 billion, a PE ratio of 2.31 and a beta of 0.94. The company has a quick ratio of 0.89, a current ratio of 0.92 and a debt-to-equity ratio of 1.23. Sodexo has a 52-week low of $10.15 and a 52-week high of $23.91. The stock has a fifty day simple moving average of $14.04 and a 200-day simple moving average of $16.10.

About Sodexo

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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