Deutsche Bank cuts Sodexo stock price target on margin pressure

try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Oil prices sink as Trump talks Iran war end, supply relief Futures rise as Trump says Iran war will end "very soon" - what’s moving markets Gold prices rise but still rangebound with focus on Iran war de-escalation Aramco tops forecasts, warns of ‘catastrophic’ fallout from Hormuz disruption (South Africa Philippines Nigeria) Deutsche Bank cuts Sodexo stock price target on margin pressure By Analyst Ratings Published 03/10/2026, 05:20 AM Deutsche Bank cuts Sodexo stock price target on margin pressure 0 EXHO 0.00% SDXAY 0.57% Investing.com - Deutsche Bank lowered its price target on Sodexo (SW:FP) (OTC:SDXAY) to EUR57.00 from EUR60.00 while maintaining a Hold rating on the stock. The firm projects Sodexo ’s H1 2026 revenue at approximately EUR12,061 million, reflecting 1.9% like-for-like growth but down 3.3% on a published basis, primarily due to foreign exchange headwinds. Deutsche Bank’s revenue forecast sits below the Bloomberg consensus of EUR12,130 million. Sodexo is scheduled to report its H1 2026 results on April 10. Deutsche Bank expects underlying operating profit to decline 17.5% to approximately EUR537 million, compared to consensus estimates of EUR558 million. The operating margin is projected to fall 77 basis points to 4.45%. The margin pressure aligns with an InvestingPro analysis showing Sodexo’s gross profit margin of just 11.77%, which remains a persistent challenge for the company. Despite near-term headwinds, InvestingPro data suggests the stock is trading below its Fair Value, with shares down 34% over the past year. Sodexo reconfirmed its FY2026 guidance in January, targeting like-for-like top-line growth of 1.5% to 2.5%, with Q1 at 1.9%. The company expects its underlying operating margin to be slightly lower than FY2025, with H1 and H2 margins expected to be similar, departing from the historical trend of stronger H1 margins. New CEO Thierry Delaporte will address the market for the firs...