Elior Group (OTCMKTS:ELROF) Downgraded to Buy at AlphaValue

Elior Group (OTCMKTS:ELROF – Get Rating) was downgraded by AlphaValue to a “buy” rating in a research report issued on Thursday, The Fly reports.

Other research analysts also recently issued research reports about the company. Sanford C. Bernstein began coverage on Elior Group in a research note on Wednesday, April 19th. They set an “underperform” rating for the company. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Elior Group from €2.50 ($2.72) to €4.22 ($4.59) and gave the company a “hold” rating in a research note on Wednesday, January 18th. Finally, Societe Generale cut Elior Group from a “hold” rating to a “sell” rating in a report on Monday, January 30th. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, Elior Group has a consensus rating of “Hold” and a consensus target price of $3.31.

Elior Group Stock Performance

OTCMKTS:ELROF opened at $2.85 on Thursday. The firm’s fifty day moving average price is $2.85 and its 200 day moving average price is $2.85. Elior Group has a 1-year low of $2.85 and a 1-year high of $2.85.

Elior Group Company Profile

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Elior Group SA offers contract catering and support services in France, the United States, the United Kingdom, Spain, Italy, India, and internationally. The company provides contract catering services to business, education, and health and welfare sectors under the Elior brand. It also offers a range of value-added services under the Elior Services brand, such as cleaning and hygiene services for hotels, industrial sites, shops and retail outlets, and food industries; biological cleaning and hospitality services in the healthcare sector; and facility management and support services, including reception, internal mail handling, minor repairs and maintenance, and gardening for corporate clients.