Edenred (OTCMKTS:EDNMY) Receives Average Rating of “Hold” from Analysts

Edenred (OTCMKTS:EDNMY) has been given an average recommendation of “Hold” by the seven analysts that are covering the stock, MarketBeat.com reports. Five investment analysts have rated the stock with a hold recommendation, one has given a buy recommendation and one has assigned a strong buy recommendation to the company.

Several research analysts recently weighed in on EDNMY shares. Zacks Research upgraded Edenred from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 26th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Edenred in a research report on Monday, August 3rd. Jefferies Financial Group reaffirmed a “hold” rating on shares of Edenred in a research report on Wednesday, June 10th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Edenred in a research report on Thursday, July 30th.

Edenred Trading Down 0.6%

OTCMKTS:EDNMY opened at $16.20 on Tuesday. The company’s 50-day moving average is $16.06 and its two-hundred day moving average is $13.29. Edenred has a 1-year low of $8.60 and a 1-year high of $17.80.

About Edenred

Edenred SE is a France-based provider of employee benefits, mobility solutions and corporate payment services. The company helps employers manage benefits and expenses while giving employees access to services such as meal programs, gift cards and other workplace rewards.

Its product portfolio includes meal and food vouchers, employee engagement and incentive solutions, fleet and fuel cards, vehicle maintenance services, business travel and expense-management tools, and virtual payment solutions.