Adecco Group (AHEXY) Cut to Hold at Zacks Investment Research
Zacks Investment Research downgraded shares of Adecco Group (OTCMKTS:AHEXY) from a buy rating to a hold rating in a report released on Tuesday morning.
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) opened at $40.26 on Tuesday. The company has a market cap of $13,820.85, a price-to-earnings ratio of 16.50, a PEG ratio of 2.24 and a beta of 1.03. Adecco Group has a 52-week low of $33.94 and a 52-week high of $40.43. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.18 and a current ratio of 1.18.
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.
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