ADECCO GRP AG/ADR (AHEXY) Given Average Recommendation of “Hold” by Analysts

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ADECCO GRP AG/ADR (OTCMKTS:AHEXY) has been assigned a consensus rating of “Hold” from the eight analysts that are presently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company.

Several brokerages recently issued reports on AHEXY. Credit Suisse Group reiterated an “underperform” rating on shares of ADECCO GRP AG/ADR in a report on Thursday, January 3rd. ValuEngine downgraded ADECCO GRP AG/ADR from a “hold” rating to a “sell” rating in a report on Tuesday, January 29th. Bank of America upgraded ADECCO GRP AG/ADR from a “neutral” rating to a “buy” rating in a report on Friday, April 12th. Finally, UBS Group upgraded ADECCO GRP AG/ADR from a “neutral” rating to a “buy” rating in a report on Tuesday, January 8th.

ADECCO GRP AG/ADR stock traded up $0.67 during trading on Friday, hitting $29.90. 5,595 shares of the company were exchanged, compared to its average volume of 18,047. ADECCO GRP AG/ADR has a 52 week low of $21.86 and a 52 week high of $35.74. The company has a market capitalization of $10.24 billion, a P/E ratio of 11.37, a price-to-earnings-growth ratio of -2.95 and a beta of 0.89. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.44.

The firm also recently disclosed an annual dividend, which will be paid on Thursday, May 9th. Shareholders of record on Wednesday, April 24th will be given a $0.756 dividend. The ex-dividend date is Tuesday, April 23rd. This represents a yield of 2.82%. ADECCO GRP AG/ADR’s dividend payout ratio is currently 29.28%.

About ADECCO GRP AG/ADR

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 and service sectors under the Adecco brand names, as well as recruitment on demand and online staffing platform for hospitality and events under Adia brand name.

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Analyst Recommendations for ADECCO GRP AG/ADR (OTCMKTS:AHEXY)

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