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

Adecco Group (OTCMKTS:AHEXY) was upgraded by analysts at Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report issued on Wednesday, Briefing.com reports.

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

Adecco Group Price Performance

AHEXY stock traded up $0.10 during trading on Wednesday, hitting $16.20. 34,727 shares of the stock traded hands, compared to its average volume of 31,138. The stock has a market cap of $5.46 billion, a price-to-earnings ratio of 16.20, a P/E/G ratio of 1.19 and a beta of 1.44. Adecco Group has a one year low of $15.58 and a one year high of $24.70. 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 50 day simple moving average of $16.48 and a 200 day simple moving average of $17.30.

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