ADECCO GRP AG/ADR (OTCMKTS:AHEXY) Receives Average Recommendation of “Buy” from Analysts

Shares of ADECCO GRP AG/ADR (OTCMKTS:AHEXY) have been given an average rating of “Buy” by the eight research firms that are currently covering the company, MarketBeat reports. Four analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company.

Several equities research analysts have recently commented on the company. ValuEngine upgraded ADECCO GRP AG/ADR from a “sell” rating to a “hold” rating in a research note on Wednesday, May 1st. Morgan Stanley upgraded ADECCO GRP AG/ADR from an “equal weight” rating to an “overweight” rating in a research note on Friday, June 14th. Zacks Investment Research upgraded ADECCO GRP AG/ADR from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 7th. Bank of America upgraded ADECCO GRP AG/ADR from a “neutral” rating to a “buy” rating in a research note on Friday, April 12th. Finally, Credit Suisse Group upgraded ADECCO GRP AG/ADR from an “underperform” rating to a “neutral” rating in a research note on Thursday, May 9th.

AHEXY traded up $0.09 during mid-day trading on Thursday, reaching $29.99. 2,723 shares of the company traded hands, compared to its average volume of 10,986. The firm has a market cap of $9.99 billion, a PE ratio of 12.60, a P/E/G ratio of -3.03 and a beta of 0.99. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.20 and a quick ratio of 1.20. The stock’s fifty day moving average is $28.51. ADECCO GRP AG/ADR has a 52-week low of $21.86 and a 52-week high of $30.89.

ADECCO GRP AG/ADR (OTCMKTS:AHEXY) last announced its earnings results on Tuesday, May 7th. The business services provider reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.07. The business had revenue of $6.41 billion during the quarter. ADECCO GRP AG/ADR had a net margin of 1.96% and a return on equity of 18.36%. On average, research analysts forecast that ADECCO GRP AG/ADR will post 2.47 earnings per share for the current year.

ADECCO GRP AG/ADR 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 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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