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

Sodexo (OTCMKTS:SDXAY) was downgraded by equities research analysts at Hsbc Global Res from a “strong-buy” rating to a “hold” rating in a report released on Thursday,Zacks.com reports.

Several other analysts have also recently weighed in on SDXAY. Deutsche Bank Aktiengesellschaft cut shares of Sodexo to a “hold” rating in a report on Friday, March 21st. BNP Paribas lowered shares of Sodexo from a “neutral” rating to an “underperform” rating in a report on Thursday, January 16th. The Goldman Sachs Group cut shares of Sodexo from a “strong-buy” rating to a “hold” rating in a research report on Wednesday. Finally, Barclays lowered Sodexo from a “strong-buy” rating to a “hold” rating in a report on Thursday. One equities 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 stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Sodexo Trading Down 0.2 %

Shares of OTCMKTS SDXAY opened at $12.93 on Thursday. The stock’s 50-day moving average is $15.02 and its two-hundred day 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 1-year low of $12.86 and a 1-year 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.