Analysts Set Adecco Group AG (OTCMKTS:AHEXY) Target Price at $36.25

Adecco Group AG (OTCMKTS:AHEXYGet Rating) has been given a consensus rating of “Reduce” by the six analysts that are currently covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a sell rating. The average 12 month target price among brokers that have covered the stock in the last year is $36.25.

AHEXY has been the subject of a number of analyst reports. Royal Bank of Canada lowered their target price on shares of Adecco Group from CHF 48 to CHF 45 in a research note on Tuesday, November 8th. Morgan Stanley cut shares of Adecco Group from an “equal weight” rating to an “underweight” rating in a report on Monday, December 5th. Finally, JPMorgan Chase & Co. cut their price target on shares of Adecco Group from CHF 30 to CHF 28 and set an “underweight” rating for the company in a report on Monday, October 17th.

Adecco Group Stock Down 0.9 %

AHEXY stock opened at $18.03 on Tuesday. The firm has a market cap of $6.07 billion, a PE ratio of 11.86 and a beta of 1.31. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.10 and a current ratio of 1.10. The firm’s 50 day moving average price is $17.14 and its 200-day moving average price is $16.28. Adecco Group has a one year low of $13.20 and a one year high of $26.94.

Adecco Group (OTCMKTS:AHEXYGet Rating) last released its quarterly earnings results on Thursday, November 3rd. The business services provider reported $0.45 EPS for the quarter. Adecco Group had a net margin of 2.03% and a return on equity of 14.81%. The firm had revenue of $6.09 billion for the quarter. On average, equities research analysts anticipate that Adecco Group will post 1.87 EPS for the current year.

About Adecco Group

(Get Rating)

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, technology consulting and talent, tech academy, digital staffing services, and talent advisory and solutions under the Adecco, Adia, General Assembly, Badenoch + Clark, LHH, pontoon, Spring, and Modis.

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