According to Zacks, “Adecco Group offers a wide variety of services that connects colleagues with clients every day. The services offered fall into the broad categories of temporary staffing, permanent placement, outsourcing, consulting and outplacement. It also provides services in various business lines such as information technology, finance and legal, engineering and technical, medical and science, human capital solutions, sales, marketing and events. Adecco S.A. is headquartered in Glattbrugg, Switzerland. “
A number of other analysts have also commented on the company. Deutsche Bank Aktiengesellschaft reiterated a buy rating on shares of Adecco Group in a report on Wednesday, September 22nd. Royal Bank of Canada upgraded Adecco Group from a sector perform rating to an outperform rating in a research note on Friday, November 12th. Jefferies Financial Group upgraded Adecco Group from an underperform rating to a hold rating in a research note on Wednesday, November 3rd. Oddo Bhf upgraded Adecco Group from a neutral rating to an outperform rating in a research note on Wednesday, October 13th. Finally, Morgan Stanley reiterated an equal weight rating on shares of Adecco Group in a research note on Wednesday, December 1st. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, Adecco Group has an average rating of Hold and an average target price of $33.06.
Adecco Group (OTCMKTS:AHEXY) last announced its earnings results on Tuesday, November 2nd. The business services provider reported $0.57 earnings per share (EPS) for the quarter. The company had revenue of $6.15 billion for the quarter. Adecco Group had a positive return on equity of 11.01% and a negative net margin of 0.25%. As a group, equities research analysts expect that Adecco Group will post 2.21 earnings per share for the current year.
Adecco Group Company Profile
Adecco Group AG is a holding company, which engages in the provision of human resources services. The company offers temporary staffing, permanent placement, outsourcing, career transition, and outsourcing services. Its brands include Adecco and Adia. The company was founded by Henri Lavanchy in 1957 and is headquartered in Zurich, Switzerland.
Further Reading: Arbitrage
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