Adecco Group (AHEXY) Upgraded by Zacks Investment Research to Buy

Adecco Group (OTCMKTS:AHEXY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report issued on Tuesday. The brokerage currently has a $43.00 price target on the business services provider’s stock. Zacks Investment Research‘s target price indicates a potential upside of 12.15% from the company’s current price.

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 (AHEXY) traded down $0.11 during trading hours on Tuesday, hitting $38.34. 11,479 shares of the company’s stock were exchanged, compared to its average volume of 13,399. The firm has a market cap of $12,929.13, a price-to-earnings ratio of 16.67, a P/E/G ratio of 2.03 and a beta of 1.02. Adecco Group has a 52 week low of $34.25 and a 52 week high of $42.19. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.39.

COPYRIGHT VIOLATION WARNING: “Adecco Group (AHEXY) Upgraded by Zacks Investment Research to Buy” was first reported by American Banking News and is owned by of American Banking News. If you are accessing this story on another site, it was illegally copied and reposted in violation of United States & international copyright and trademark laws. The original version of this story can be accessed at https://www.americanbankingnews.com/2018/02/13/adecco-group-ahexy-upgraded-by-zacks-investment-research-to-buy.html.

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.

Get a free copy of the Zacks research report on Adecco Group (AHEXY)

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.

Leave a Reply