ADECCO GRP AG/ADR (AHEXY) Raised to “Buy” at UBS Group

UBS Group upgraded shares of ADECCO GRP AG/ADR (OTCMKTS:AHEXY) from a neutral rating to a buy rating in a research report released on Tuesday morning, The Fly reports.

AHEXY has been the subject of several other research reports. Goldman Sachs Group upgraded ADECCO GRP AG/ADR from a neutral rating to a buy rating in a research report on Thursday, November 29th. Credit Suisse Group restated an underperform rating on shares of ADECCO GRP AG/ADR in a research report on Thursday, January 3rd. Finally, Deutsche Bank upgraded ADECCO GRP AG/ADR from a sell rating to a hold rating in a research report on Wednesday, September 26th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company’s stock. The stock has an average rating of Hold and an average target price of $41.00.

Shares of AHEXY stock opened at $25.16 on Tuesday. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.45. ADECCO GRP AG/ADR has a 12 month low of $21.86 and a 12 month high of $42.19. The company has a market capitalization of $8.51 billion, a price-to-earnings ratio of 9.56 and a beta of 0.90.

About ADECCO GRP AG/ADR

Adecco Group AG, together with its subsidiaries, provides workforce solutions to businesses and organizations worldwide. The company provides temporary staffing, permanent placement, and outsourcing services for clerical and support personnel in the areas of office-based employment; and candidates for blue collar job profiles across various industrial and service sectors under the Adecco brand names, as well as recruitment on demand and online staffing platform for hospitality and events under Adia brand name.

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