ADECCO Grp AG/ADR (AHEXY) Raised to Hold at Deutsche Bank
Deutsche Bank upgraded shares of ADECCO Grp AG/ADR (OTCMKTS:AHEXY) from a sell rating to a hold rating in a report issued on Wednesday morning, The Fly reports.
A number of other equities research analysts have also weighed in on AHEXY. ValuEngine lowered ADECCO Grp AG/ADR from a hold rating to a sell rating in a research note on Friday, June 1st. Zacks Investment Research upgraded ADECCO Grp AG/ADR from a sell rating to a hold rating in a research report on Monday, June 18th.
Shares of AHEXY stock opened at $27.18 on Wednesday. ADECCO Grp AG/ADR has a fifty-two week low of $27.00 and a fifty-two week high of $42.19. The stock has a market cap of $9.32 billion, a PE ratio of 10.33, a price-to-earnings-growth ratio of 1.36 and a beta of 1.06. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.15 and a current ratio of 1.15.
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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