Edenred traded at 28.34 this Monday August 3rd, decreasing 0.18 or 0.63 percent since the previous trading session. Looking back, over the last four weeks, Edenred lost 21.53 percent. Over the last 12 months, its price rose by 17.06 percent. Looking ahead, we forecast Edenred to be priced at 27.84 by the end of this quarter and at 25.90 in one year, according to Trading Economics global macro models projections and analysts expectations.
Edenred SA, formerly New Services Holding SA, is a France-based company engaged in the provision of prepaid corporate service vouchers. It designs and manages solutions that improve the efficiency of organizations and purchasing power to individuals. By ensuring that allocated funds are used specifically as intended, the Company's solutions enable its customers to more effectively manage their employee benefits (such as Ticket Restaurant, Ticket Alimentacion, Ticket Universal Employment Service Voucher (CESU) and Childcare Vouchers, among others), expense management process (Ticket Car, Ticket Clean Way and Repom, among others) and incentive and rewards programs (such as Ticket Compliments, Ticket Kadeos, among others). Edenred SA also supports public institutions in managing their social programs. The Company also operates through Vasa Slovensko and is present in over 40 countries in Americas, Europe, Africa and Asia. It also operates through UTA.