Sodexo (OTCMKTS:SDXAY) was downgraded by equities researchers at HSBC from a “buy” rating to a “hold” rating in a report issued on Wednesday, The Fly reports.
Other equities analysts have also issued research reports about the company. AlphaValue raised Sodexo to a “sell” rating in a research note on Friday, July 2nd. Jefferies Financial Group upgraded Sodexo from an “underperform” rating to a “buy” rating in a report on Wednesday, July 21st. Morgan Stanley downgraded Sodexo from an “overweight” rating to an “equal weight” rating in a report on Friday, August 6th. Finally, Barclays restated an “underweight” rating on shares of Sodexo in a report on Friday, July 9th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold”.
SDXAY opened at $16.82 on Wednesday. The stock’s 50-day moving average price is $16.97 and its 200 day moving average price is $18.75. Sodexo has a 12-month low of $12.62 and a 12-month high of $20.96. The company has a current ratio of 0.93, a quick ratio of 0.91 and a debt-to-equity ratio of 1.85. The firm has a market cap of $12.40 billion, a price-to-earnings ratio of 6.84 and a beta of 1.10.
Sodexo SA engages in the provision of on-site services, benefits and rewards services, and personal and home care services. It offers integrated solutions which cover a variety of working and living environments and are available in client segments which include corporate, health care, education, defense, remote sites, justice services, seniors, and sports and leisure.
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