Sodexo (OTCMKTS:SDXAY) Sets New 12-Month High – Here’s What Happened

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) reached a new 52-week high on Tuesday. The stock traded as high as $13.7188 and last traded at $13.6975, with a volume of 18,735 shares. The stock had previously closed at $13.58.

Analysts Set New Price Targets

A number of research firms have recently issued reports on SDXAY. Citigroup restated a “neutral” rating on shares of Sodexo in a report on Monday, October 26th. Zacks Research upgraded Sodexo from a “strong sell” rating to a “hold” rating in a report on Friday, September 18th. Finally, Royal Bank Of Canada reissued a “sector perform” rating on shares of Sodexo in a research report on Monday, July 20th. One analyst has rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

Sodexo Trading Up 1.0%

The firm’s fifty day moving average is $12.92 and its 200 day moving average is $11.66.

Sodexo Company Profile

Sodexo is a France-based provider of food services and facilities management. It prepares and serves meals and supports clients with services such as building maintenance, cleaning, reception, and workplace operations. The company serves organizations across a range of sectors, including business and industry, healthcare, education, sports and leisure, and government. Its operations span multiple countries, with services tailored to the needs of workplaces, schools, hospitals, and other institutions.