Sodexo (OTCMKTS:SDXAY) Stock Rating Lowered by Barclays

Sodexo (OTCMKTS:SDXAY) was downgraded by investment analysts at Barclays from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Thursday,Zacks.com reports.

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

Sodexo Stock Performance

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

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.