Sodexo (OTCMKTS:SDXAY) Lowered to “Strong Sell” Rating by Zacks Research

Zacks Research cut shares of Sodexo (OTCMKTS:SDXAY) from a hold rating to a strong sell rating in a research note issued to investors on Wednesday morning,Zacks reports.

Several other analysts also recently commented on SDXAY. Royal Bank Of Canada reissued a “sector perform” rating on shares of Sodexo in a research report on Monday, July 20th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Sodexo in a report on Friday, July 3rd. Citigroup reiterated a “neutral” rating on shares of Sodexo in a research note on Tuesday, July 14th. Finally, Morgan Stanley reiterated an “underweight” rating on shares of Sodexo in a report on Tuesday, July 7th. One investment analyst has rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce”.

Sodexo Stock Performance

Shares of OTCMKTS:SDXAY opened at $13.54 on Wednesday. Sodexo has a 1-year low of $9.08 and a 1-year high of $13.69. The business has a fifty day moving average price of $12.71 and a 200-day moving average price of $11.38.

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.