Goldman Sachs analyst Ben Andrews downgraded Sodexo (SDXAY) to Neutral from Buy with a price target of EUR 73, down from EUR 96. The company company missed expectations on organic growth and underlying operating profit margins, the analyst tells investors in a research note. The firm cites weaker organic growth for the downgrade.
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Read More on SDXAY:
- Sodexo price target lowered to EUR 81.50 from EUR 96 at Berenberg
- Sodexo price target lowered to EUR 70 from EUR 82 at RBC Capital
- Sodexo price target lowered to EUR 89 from EUR 107 at Citi
- Sodexo downgraded to Equal Weight from Overweight at Morgan Stanley
- Sodexo downgraded to Hold from Buy at Deutsche Bank