Sodexo (OTCMKTS:SDXAY) Downgraded to Hold Rating by Hsbc Global Res

Hsbc Global Res lowered shares of Sodexo (OTCMKTS:SDXAY) from a strong-buy rating to a hold rating in a research note published on Thursday,Zacks.com reports.

A number of other equities analysts have also weighed in on the stock. BNP Paribas lowered shares of Sodexo from a “neutral” rating to an “underperform” rating in a report on Thursday, January 16th. Deutsche Bank Aktiengesellschaft lowered Sodexo to a “hold” rating in a report on Friday, March 21st. Barclays downgraded Sodexo from a “strong-buy” rating to a “hold” rating in a report on Thursday. Finally, The Goldman Sachs Group downgraded Sodexo from a “strong-buy” rating to a “hold” rating in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Sodexo Stock Down 0.2 %

Shares of Sodexo stock opened at $12.93 on Thursday. The company has a 50-day simple moving average of $15.02 and a two-hundred day simple moving average of $16.10. Sodexo has a 52-week low of $12.86 and a 52-week high of $20.55. The company has a quick ratio of 1.03, a current ratio of 1.08 and a debt-to-equity ratio of 1.21.

Sodexo Company Profile

Sodexo SA provides food services and facilities management services worldwide. It offers various on-site services, which includes corporate services, energy and resources, government and agencies, and other services; healthcare and seniors; and learning solutions to schools and universities. The company also provides food services comprising retail service, food delivery, and meal and food vouchers, as well as digital food ordering services; savings and purchase solutions, data and digital tools, and advisory services and client support; and work-life balance and employee experience solutions.