Sodexo (SDXAY) Stock Rating Upgraded by Zacks Investment Research

Sodexo (OTCMKTS:SDXAY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued to investors on Friday, January 19th. The firm presently has a $30.00 price target on the business services provider’s stock. Zacks Investment Research‘s target price would indicate a potential upside of 22.03% from the company’s previous close.

According to Zacks, “Sodexo S.A. manages and delivers services. The company provide services in three primary business areas: on-site services, benefits and rewards services and personal and home services worldwide. On-site services includes construction management, reception, medical equipment sterilization, housekeeping, technical maintenance, leisure cruises, foodservices and prisoner rehabilitation to corporate, healthcare, education, defense, remote sites, justice services. Benefits and rewards services provide passes and vouchers. Personal and Home Services includes childcare, tutoring, concierge services and in-home service care facilities. Sodexo S.A., formerly known as Sodexho Alliance SA, is headquartered in Issy-les-Moulineaux, France. “

A number of other equities analysts have also commented on the company. ValuEngine raised Sodexo from a “buy” rating to a “strong-buy” rating in a report on Wednesday, January 10th. Sanford C. Bernstein raised Sodexo from a “mkt perform” rating to an “outperform” rating in a report on Wednesday, October 18th. Two research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $30.00.

Sodexo (SDXAY) traded down $0.04 during trading on Friday, hitting $24.59. The stock had a trading volume of 6,957 shares, compared to its average volume of 12,368. Sodexo has a 52-week low of $21.52 and a 52-week high of $27.91. The company has a quick ratio of 0.97, a current ratio of 1.01 and a debt-to-equity ratio of 0.84. The company has a market capitalization of $18,350.00, a price-to-earnings ratio of 20.83, a P/E/G ratio of 3.03 and a beta of 0.59.

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About Sodexo

Sodexo SA is a holding company. The Company offers services, such as on-site services, benefits and reward services, and personal and home services. It serves its consumers in approximately 80 countries. It operates in Continental Europe, North America, the United Kingdom and Ireland, and Rest of the World.

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