Randstad Hldgs Nv (RANJY) Upgraded to “Buy” at Zacks Investment Research

Zacks Investment Research upgraded shares of Randstad Hldgs Nv (NASDAQ:RANJY) from a hold rating to a buy rating in a research report released on Friday. Zacks Investment Research currently has $34.00 price target on the business services provider’s stock.

According to Zacks, “Randstad Holding NV operates as a global provider of HR services including temporary staffing, permanent placement, recruitment of middle and senior managers, on site consulting, seconded specialists and specialized HR services. Its staffing segment service comprise of temporary staffing, permanent placement and (high-volume) specialties; the inhouse service segment specializes in the provision of high-volume, skilled flexible labor; aimed at improving labor flexibility, retention, productivity and efficiency while HR solutions & managed services segment offers a comprehensive range of HR project management, HR management and HR consultancy services. The Company also recruits supervisors, managers, professionals, interim specialists and consultants with professional qualifications for middle and senior management positions. Randstad Holding NV is headquartered in Diemen, the Netherlands. “

Separately, Credit Suisse Group raised Randstad Hldgs Nv from an underperform rating to a neutral rating in a report on Tuesday, September 5th.

Shares of Randstad Hldgs Nv (NASDAQ RANJY) opened at 30.395 on Friday. Randstad Hldgs Nv has a 52-week low of $25.19 and a 52-week high of $32.10. The firm has a market capitalization of $11.14 billion and a PE ratio of 15.909. The firm’s 50-day moving average price is $31.00 and its 200-day moving average price is $29.88.

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About Randstad Hldgs Nv

Randstad Holding nv, a staffing and recruitment company, provides solutions in the field of flexible work and human resources (HR) services. It offers regular temporary staffing and permanent placement services. The company recruits supervisors, managers, professionals, interim specialists, and consultants for middle and senior leadership positions.

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