Adecco SA (AHEXY) Downgraded to Hold at Zacks Investment Research
Adecco SA (OTCMKTS:AHEXY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued to investors on Tuesday.
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. “
Separately, Credit Suisse Group lowered Adecco SA from an “outperform” rating to an “underperform” rating in a research note on Wednesday, May 24th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $42.00.
Shares of Adecco SA (AHEXY) traded down 1.71% during mid-day trading on Tuesday, reaching $37.35. 26,628 shares of the company traded hands. Adecco SA has a 52 week low of $24.78 and a 52 week high of $39.13.
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