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 research note issued to investors on Wednesday morning, MarketBeat Ratings reports.

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

Adecco Group Stock Performance

Shares of Adecco Group stock opened at $16.03 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 cap of $5.40 billion, a PE ratio of 16.03, a price-to-earnings-growth ratio of 1.19 and a beta of 1.44. The company has a 50 day moving average of $16.48 and a 200-day moving average of $17.29. Adecco Group has a 1-year low of $15.58 and a 1-year high of $24.70.

Adecco Group (OTCMKTS:AHEXY) last issued its earnings results on Tuesday, August 6th. The business services provider reported $0.34 earnings per share for the quarter. Adecco Group had a return on equity of 13.25% and a net margin of 1.28%. The firm had revenue of $6.29 billion for the quarter. As a group, equities research analysts forecast that Adecco Group will post 1.47 earnings per share 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.