The Goldman Sachs Group Downgrades Sodexo (OTCMKTS:SDXAY) to Hold

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

A number of other research firms have also weighed in on SDXAY. BNP Paribas lowered shares of Sodexo from a “neutral” rating to an “underperform” rating in a research note on Thursday, January 16th. Deutsche Bank Aktiengesellschaft downgraded Sodexo to a “hold” rating in a research note on Friday, March 21st.

Sodexo Stock Down 0.2 %

Shares of OTCMKTS:SDXAY opened at $12.96 on Wednesday. Sodexo has a twelve month low of $12.94 and a twelve month high of $20.55. The stock’s 50 day moving average is $15.04 and its 200-day moving average is $16.14. The company has a quick ratio of 1.03, a current ratio of 1.08 and a debt-to-equity ratio of 1.21.

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.