Zacks Research upgraded shares of Edenred (OTCMKTS:EDNMY – Free 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”.
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Edenred Trading Down 0.4%
About Edenred
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.
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