Adecco Group (OTCMKTS:AHEXY) Stock Rating Upgraded by Royal Bank of Canada

Adecco Group (OTCMKTS:AHEXY - Get Free Report) was upgraded by Royal Bank of Canada from a "hold" rating to a "moderate buy" rating in a research report issued on Wednesday,Zacks.com reports.

Separately, Deutsche Bank Aktiengesellschaft upgraded shares of Adecco Group from a "hold" rating to a "buy" rating in a research report on Wednesday, October 23rd.

Adecco Group Stock Performance

Shares of Adecco Group stock traded down $0.47 during mid-day trading on Wednesday, hitting $14.13. 98,601 shares of the stock were exchanged, compared to its average volume of 33,267. The company has a market capitalization of $4.76 billion, a P/E ratio of 14.90, a P/E/G ratio of 1.13 and a beta of 1.44. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.00 and a current ratio of 1.00. The company has a 50-day simple moving average of $16.19 and a 200 day simple moving average of $17.08. Adecco Group has a 12 month low of $14.07 and a 12 month high of $24.70.

Adecco Group (OTCMKTS:AHEXY - Get Free Report) last released its earnings results on Tuesday, August 6th. The business services provider reported $0.34 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%. Sell-side analysts anticipate that Adecco Group will post 1.47 earnings per share 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.