Edenred (OTCMKTS:EDNMY) Given Consensus Recommendation of "Hold" by Analysts

Key Points

• Edenred (EDNMY) has a consensus analyst rating of "Hold" from six firms, with one sell, three holds, one buy and one strong buy; recent notable moves include Zacks cutting to strong sell, Kepler lifting to strong-buy, and UBS downgrading from strong-buy to hold.
• Shares opened at $10.82, with a 50‑day moving average of $10.54 and a 200‑day moving average of $11.24, and a 52‑week range of $8.60 to $18.66.
• Edenred is a global leader in prepaid corporate services under the Ticket Restaurant® brand, offering employee benefits, expense management and incentive solutions.

Shares of Edenred (OTCMKTS:EDNMY - Get Free Report) have received an average rating of "Hold" from the six ratings firms that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation, one has assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of brokerages have recently commented on EDNMY. Zacks Research cut Edenred from a "hold" rating to a "strong sell" rating in a research report on Wednesday. Kepler Capital Markets raised Edenred to a "strong-buy" rating in a research report on Sunday, March 15th. Finally, UBS Group cut Edenred from a "strong-buy" rating to a "hold" rating in a research report on Friday, January 23rd.

Edenred Price Performance

Shares of EDNMY opened at $10.82 on Friday. The business's 50 day moving average price is $10.54 and its 200-day moving average price is $11.24. Edenred has a 52 week low of $8.60 and a 52 week high of $18.66.

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.

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