Adecco Group (OTCMKTS:AHEXY) Coverage Initiated at JPMorgan Chase & Co.

Stock analysts at JPMorgan Chase & Co. began coverage on shares of Adecco Group (OTCMKTS:AHEXY) in a note issued to investors on Thursday. The firm set an “underweight” rating on the business services provider’s stock.

A number of other equities analysts have also recently issued reports on AHEXY. BNP Paribas upgraded Adecco Group to a “hold” rating in a report on Tuesday, November 12th. Royal Bank of Canada raised shares of Adecco Group from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, November 6th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Adecco Group from a “hold” rating to a “buy” rating in a research report on Wednesday, October 23rd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Adecco Group Stock Up 2.3 %

AHEXY stock opened at $13.58 on Thursday. The stock’s 50 day simple moving average is $14.89 and its 200 day simple moving average is $16.36. The company has a market cap of $4.57 billion, a P/E ratio of 14.14, a price-to-earnings-growth ratio of 1.34 and a beta of 1.38. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.01 and a current ratio of 1.01. Adecco Group has a fifty-two week low of $12.76 and a fifty-two week high of $24.70.

Adecco Group Company Profile

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.