Sodexo (OTCMKTS:SDXAY) Stock Rating Lowered by The Goldman Sachs Group

Sodexo (OTCMKTS:SDXAY) was downgraded by analysts at The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research report issued on Wednesday,Zacks.com reports.

Several other research firms have also issued reports on SDXAY. BNP Paribas lowered Sodexo from a “neutral” rating to an “underperform” rating in a research report on Thursday, January 16th. Deutsche Bank Aktiengesellschaft cut shares of Sodexo to a “hold” rating in a report on Friday, March 21st.

Sodexo Price Performance

Shares of OTCMKTS SDXAY opened at $12.96 on Wednesday. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.08 and a quick ratio of 1.03. Sodexo has a 1 year low of $12.94 and a 1 year high of $20.55. The firm has a 50-day moving average of $15.04 and a 200 day moving average of $16.14.

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.