Sodexo (OTCMKTS:SDXAY) Rating Lowered to Hold at Hsbc Global Res

Hsbc Global Res downgraded shares of Sodexo (OTCMKTS:SDXAY) from a strong-buy rating to a hold rating in a report released on Thursday,Zacks.com reports.

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

Sodexo Trading Down 0.2 %

OTCMKTS:SDXAY opened at $12.93 on Thursday. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.08 and a quick ratio of 1.03. The stock 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.

About Sodexo

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.