Adecco Group (OTCMKTS:AHEXY) Upgraded to Buy by Deutsche Bank Aktiengesellschaft

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

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

Adecco Group Trading Down 0.3 %

Shares of AHEXY stock opened at $16.11 on Wednesday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.77. The company has a market capitalization of $5.43 billion, a P/E ratio of 16.11, a price-to-earnings-growth ratio of 1.19 and a beta of 1.44. The business’s 50 day moving average is $16.47 and its two-hundred day moving average is $17.25. Adecco Group has a twelve month low of $15.58 and a twelve month high of $24.70.

Adecco Group (OTCMKTS:AHEXY) last posted its quarterly 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 during the quarter. Adecco Group had a net margin of 1.28% and a return on equity of 13.25%. Equities analysts forecast that Adecco Group will post 1.47 EPS for the current year.

About Adecco Group

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.