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

Deutsche Bank Aktiengesellschaft upgraded shares of Adecco Group (OTCMKTS:AHEXY) from a hold rating to a buy rating in a research note published on Wednesday, Marketbeat.com reports.

Separately, Barclays upgraded shares of Adecco Group to a “strong-buy” rating in a research note on Wednesday, June 26th.

Adecco Group Stock Down 0.3 %

Shares of OTCMKTS AHEXY opened at $16.11 on Wednesday. The stock has a market capitalization of $5.43 billion, a PE ratio of 16.11, a price-to-earnings-growth ratio of 1.19 and a beta of 1.44. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.77. Adecco Group has a 12-month low of $15.58 and a 12-month high of $24.70. The stock’s fifty day simple moving average is $16.47 and its two-hundred day simple moving average is $17.26.

Adecco Group (OTCMKTS:AHEXY) last posted its earnings results on Tuesday, August 6th. The business services provider reported $0.34 earnings per share (EPS) for the quarter. The company had revenue of $6.29 billion for the quarter. Adecco Group had a return on equity of 13.25% and a net margin of 1.28%. As a group, analysts expect 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.