Edenred (EDNMY) – What Are Researchers Thinking About This Stock?

Edenred (OTCMKTS:EDNMY) has been given an average rating of “Hold” by the seven research firms that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company.

Several equities research analysts have recently commented on the company. Zacks Research downgraded Edenred from a “hold” rating to a “strong sell” rating in a report on Friday, October 23rd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Edenred in a report on Monday, August 3rd. Citigroup restated a “neutral” rating on shares of Edenred in a research note on Thursday, July 30th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Edenred in a research note on Monday, September 21st.

Edenred Trading Up 1.1%

OTCMKTS EDNMY opened at $13.35 on Wednesday. Edenred has a 12-month low of $8.60 and a 12-month high of $17.80. The firm’s 50 day moving average is $15.91 and its 200-day moving average is $13.34.

Edenred Company Profile

Edenred SE is a France-based provider of digital payment and service solutions for employers, employees, merchants and public institutions. The company operates platforms that connect organizations with beneficiaries and affiliated merchants, helping manage employee benefits, business expenses, mobility programs and social assistance.

Its products and services include meal and food vouchers, employee engagement and incentive solutions, corporate payment cards, expense-management tools, fleet and fuel payments, toll services, and mobility-related benefits.