Adecco Group (OTCMKTS:AHEXY) Raised to Buy at Deutsche Bank Aktiengesellschaft

Adecco Group (OTCMKTS:AHEXY) was upgraded by Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note issued to investors on Wednesday, Marketbeat Ratings reports.

Separately, Barclays raised Adecco Group to a “strong-buy” rating in a research report on Wednesday, June 26th.

Adecco Group Stock Up 0.8 %

Shares of OTCMKTS:AHEXY opened at $16.16 on Wednesday. Adecco Group has a 52-week low of $15.58 and a 52-week high of $24.70. The firm has a market capitalization of $5.44 billion, a P/E ratio of 16.16, a P/E/G ratio of 1.19 and a beta of 1.44. The stock has a 50 day moving average price of $16.48 and a 200-day moving average price of $17.28. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.00 and a current ratio of 1.00.

Adecco Group (OTCMKTS:AHEXY) last announced its earnings results on Tuesday, August 6th. The business services provider reported $0.34 earnings per share (EPS) for the quarter. Adecco Group had a return on equity of 13.25% and a net margin of 1.28%. The firm had revenue of $6.29 billion during the quarter. As a group, equities research analysts anticipate that Adecco Group will post 1.47 EPS for the current fiscal year.

Adecco Group Company Profile

Adecco Group AG, together with its subsidiaries, provides human resource services to businesses and organizations in Europe, North America, Asia Pacific, South America, and North Africa. It offers flexible placement, permanent placement, outsourcing, training, upskilling and reskilling, career transition and workforce transformation, consulting, talent academy, digital staffing solutions under the Adecco, Akkodis, General Assembly, Badenoch + Clark, Lee Hecht Harrison, pontoon, Spring Professional, Adia, Modis, and YOSS brand names.