Edenred (OTCMKTS:EDNMY – Get Free Report)’s share price reached a new 52-week high on Friday . The stock traded as high as $17.80 and last traded at $17.80, with a volume of 159 shares trading hands. The stock had previously closed at $17.15.
Analysts Set New Price Targets
Several research analysts recently weighed in on the company. Jefferies Financial Group restated a “hold” rating on shares of Edenred in a research note on Wednesday, June 10th. Citigroup reissued a “neutral” rating on shares of Edenred in a research note on Thursday, July 30th. Zacks Research upgraded Edenred from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 26th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Edenred in a report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, Edenred has an average rating of “Hold”.
View Our Latest Analysis on EDNMY
Edenred Stock Up 3.8%
Edenred Company Profile
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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