Edenred (OTCMKTS:EDNMY) Given Average Rating of “Hold” by Analysts

Shares of Edenred (OTCMKTS:EDNMY) have been given an average rating of “Hold” by the seven analysts that are currently covering the stock, Marketbeat reports. Five research analysts have rated the stock with a hold recommendation, one has assigned a buy recommendation and one has issued a strong buy recommendation on the company.

A number of analysts have commented on the stock. Jefferies Financial Group reaffirmed a “hold” rating on shares of Edenred in a research note on Friday, April 17th. Citigroup reaffirmed a “neutral” rating on shares of Edenred in a research note on Friday, April 24th. Kepler Capital Markets raised shares of Edenred to a “strong-buy” rating in a research note on Sunday, March 15th. Finally, Zacks Research raised shares of Edenred from a “strong sell” rating to a “hold” rating in a research note on Monday, June 1st.

Edenred Stock Down 2.3%

EDNMY stock opened at $12.70 on Friday. Edenred has a one year low of $8.60 and a one year high of $17.00. The firm has a 50-day moving average of $11.86 and a two-hundred day moving average of $11.13.

Edenred Company Profile

Edenred is a global leader in prepaid corporate services, offering a suite of digital and paper-based solutions designed to enhance employee benefits, streamline expense management and support corporate fleets. The company originated in 1962 as part of the Accor group and was listed as an independent entity on Euronext Paris in 2010. Today, Edenred operates under the Ticket Restaurant® brand, which remains a flagship offering for meal voucher programs, alongside a host of other employee engagement and incentive tools.

The company’s core products and services include employee benefits such as meal vouchers, food allowances and leisure gift certificates, as well as incentive and rewards programs that help organizations motivate and recognize their workforce.