Adecco Group Ag (AHEXY) Lifted to Hold at Zacks Investment Research

Zacks Investment Research upgraded shares of Adecco Group Ag (OTCMKTS:AHEXY) from a sell rating to a hold rating in a report issued on Friday morning. Zacks Investment Research currently has $43.00 price target on the business services provider’s stock.

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. “

Separately, Jefferies Group LLC cut shares of Adecco Group Ag from a hold rating to an underperform rating in a report on Wednesday, February 8th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of Buy and an average price target of $43.00.

Shares of Adecco Group Ag (OTCMKTS:AHEXY) opened at 38.58 on Friday. Adecco Group Ag has a 52-week low of $23.41 and a 52-week high of $39.13. The firm has a market capitalization of $13.13 billion, a P/E ratio of 16.00 and a beta of 1.33. The stock’s 50 day moving average is $36.80 and its 200-day moving average is $34.30.

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