Sodexo (OTCMKTS:SDXAY) Rating Increased to Buy at Jefferies Financial Group

Key Points

• Jefferies upgraded Sodexo from a "hold" to a "buy." The change was issued in a research note to investors on Monday.
• Despite the Jefferies upgrade, analyst coverage is mixed—one Buy, five Hold and one Sell—leaving Sodexo with an average MarketBeat rating of "Hold."
• Sodexo shares opened at $9.78 (52-week range: $9.53–$13.95) with a 50-day moving average of $10.51, a 200-day moving average of $11.00, and a debt-to-equity ratio of 1.18.

Sodexo (OTCMKTS:SDXAY - Get Free Report) was upgraded by analysts at Jefferies Financial Group from a "hold" rating to a "buy" rating in a research note issued to investors on Monday.

A number of other equities analysts have also recently issued reports on the stock. Zacks Research upgraded shares of Sodexo from a "strong sell" rating to a "hold" rating in a research note on Tuesday, December 23rd. UBS Group cut shares of Sodexo from a "strong-buy" rating to a "hold" rating in a report on Monday, December 8th. Finally, Morgan Stanley downgraded shares of Sodexo from an "overweight" rating to an "underweight" rating in a research note on Wednesday, January 7th. One investment analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Sodexo presently has an average rating of "Hold".

Sodexo Price Performance

Shares of OTCMKTS:SDXAY opened at $9.78 on Monday. Sodexo has a 1-year low of $9.53 and a 1-year high of $13.95. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.03 and a current ratio of 1.08. The business has a fifty day moving average price of $10.51 and a 200-day moving average price of $11.00.

About Sodexo

Sodexo is a global provider of integrated facilities management and food services, offering a wide range of solutions designed to enhance quality of life for clients across corporate, education, healthcare, remote site and sports & leisure markets. The company's core activities include workplace dining and catering, reception and concierge services, cleaning and technical maintenance, security, grounds maintenance, and energy management. Sodexo partners with organizations to streamline operations, improve employee engagement and well-being, and ensure safe, sustainable environments.

Founded in 1966 by Pierre Bellon in Marseille, France, Sodexo has grown through both organic expansion and strategic acquisitions.

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