Zacks Investment Research Upgrades Adecco SA (AHEXY) to Hold

Adecco SA (OTCMKTS:AHEXY) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a report released on Monday.

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. “

Shares of Adecco SA (OTCMKTS:AHEXY) opened at 28.69 on Monday. The firm’s 50-day moving average is $28.56 and its 200-day moving average is $29.39. Adecco SA has a 12 month low of $23.41 and a 12 month high of $38.53. The company has a market cap of $9.77 billion, a PE ratio of 1738.79 and a beta of 1.54.

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