Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) Receives Consensus Recommendation of “Reduce” from Analysts

Shares of Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) have been given an average rating of “Reduce” by the nine research firms that are covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and one has assigned a buy recommendation to the company.

SDXAY has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Sodexo in a research report on Friday, July 3rd. Citigroup restated a “neutral” rating on shares of Sodexo in a report on Wednesday. Morgan Stanley restated an “underweight” rating on shares of Sodexo in a research report on Tuesday, July 7th. Zacks Research downgraded Sodexo from a “hold” rating to a “strong sell” rating in a research report on Wednesday, September 2nd. Finally, Royal Bank Of Canada restated a “sector perform” rating on shares of Sodexo in a research note on Monday, July 20th.

Sodexo Stock Performance

Shares of SDXAY stock opened at $12.99 on Friday. Sodexo has a 12 month low of $9.08 and a 12 month high of $13.69. The company’s fifty day moving average price is $12.87 and its 200-day moving average price is $11.45.

About Sodexo

Sodexo (OTCMKTS:SDXAY) is a France-based provider of food services and facilities management. The company serves organizations across the corporate, healthcare, education, government, energy and resources, sports, and leisure sectors.

Its services include on-site catering, dining and hospitality, workplace and building management, cleaning, maintenance, reception, security, and other integrated support services. Sodexo also operates Sodexo Live!, which provides food, hospitality, and event-management services for venues and major events.

Founded in 1966 by Pierre Bellon, Sodexo has expanded from its French roots into an international business serving clients in markets across the Americas, Europe, Asia-Pacific, and other regions.