Zacks Investment Research upgraded shares of Adecco Group (OTCMKTS:AHEXY) from a hold rating to a buy rating in a research note released on Tuesday morning. The firm currently has $46.00 price objective on the business services provider’s stock.
According to Zacks, “Adecco Group offers a wide variety of services that connects colleagues with clients every day. The services offered fall into the broad categories of temporary staffing, permanent placement, outsourcing, consulting and outplacement. It also provides services in various business lines such as information technology, finance and legal, engineering and technical, medical and science, human capital solutions, sales, marketing and events. Adecco S.A. is headquartered in Glattbrugg, Switzerland. “
Shares of Adecco Group (OTCMKTS:AHEXY) opened at $40.63 on Tuesday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.18 and a current ratio of 1.18. Adecco Group has a 1 year low of $34.25 and a 1 year high of $42.19. The stock has a market cap of $13,910.00, a PE ratio of 17.67, a price-to-earnings-growth ratio of 2.18 and a beta of 1.05.
Adecco Group Company Profile
Adecco Group AG, together with its subsidiaries, provides workforce solutions to businesses and organizations worldwide. The company provides temporary staffing, permanent placement, and outsourcing services for clerical and support personnel in the areas of office-based employment; and candidates for blue collar job profiles across various industrial sectors under the Adecco brand.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Adecco Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Adecco Group and related companies with MarketBeat.com's FREE daily email newsletter.