Edenred (OTCMKTS:EDNMY) Rating Increased to Hold at Zacks Research

Zacks Research upgraded shares of Edenred (OTCMKTS:EDNMYFree Report) from a strong sell rating to a hold rating in a research report report published on Monday morning,Zacks.com reports.

Several other research analysts also recently issued reports on the stock. Kepler Capital Markets upgraded shares of Edenred to a “strong-buy” rating in a research note on Sunday, March 15th. Jefferies Financial Group restated a “hold” rating on shares of Edenred in a research report on Friday, April 17th. Finally, Citigroup restated a “neutral” rating on shares of Edenred in a research report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold”.

Get Our Latest Research Report on Edenred

Edenred Trading Down 0.4%

Shares of OTCMKTS EDNMY opened at $13.45 on Monday. The firm’s 50 day moving average price is $11.66 and its 200-day moving average price is $11.08. Edenred has a 52-week low of $8.60 and a 52-week high of $17.00.

About Edenred

(Get Free Report)

Edenred is a global leader in prepaid corporate services, offering a suite of digital and paper-based solutions designed to enhance employee benefits, streamline expense management and support corporate fleets. The company originated in 1962 as part of the Accor group and was listed as an independent entity on Euronext Paris in 2010. Today, Edenred operates under the Ticket Restaurant® brand, which remains a flagship offering for meal voucher programs, alongside a host of other employee engagement and incentive tools.

The company’s core products and services include employee benefits such as meal vouchers, food allowances and leisure gift certificates, as well as incentive and rewards programs that help organizations motivate and recognize their workforce.

Recommended Stories

Analyst Recommendations for Edenred (OTCMKTS:EDNMY)

Receive News & Ratings for Edenred Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Edenred and related companies with MarketBeat.com's FREE daily email newsletter.