Edenred (OTCMKTS:EDNMY) Given Consensus Rating of “Hold” by Brokerages

Edenred (OTCMKTS:EDNMY) has earned a consensus rating of “Hold” from the six analysts that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, one has issued a buy recommendation and one has issued a strong buy recommendation on the company.

EDNMY has been the subject of a number of research analyst reports. Kepler Capital Markets raised shares of Edenred to a “strong-buy” rating in a research note on Sunday, March 15th. Zacks Research lowered shares of Edenred from a “hold” rating to a “strong sell” rating in a research note on Wednesday, April 8th. Finally, UBS Group cut shares of Edenred from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 23rd.

Edenred Stock Up 2.8%

Shares of OTCMKTS EDNMY opened at $11.20 on Friday. Edenred has a 1-year low of $8.60 and a 1-year high of $18.66. The company has a fifty day moving average price of $10.56 and a 200 day moving average price of $11.21.

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.