Adecco Group AG Receives a Buy from Barclays

By Jason Carr

Barclays analyst Paul Sullivan maintained a Buy rating on Adecco Group AG (OTHEROTC: AHEXY) on November 25. The company’s shares closed yesterday at $30.52.

Adecco Group AG has an analyst consensus of Hold.

Adecco Group AG’s market cap is currently $10.45B and has a P/E ratio of 13.50. The company has a book value ratio of 2.7472.

Adecco Group AG provides human resource services such as temporary staffing, permanent placement, outsourcing, career transition or outplacement, and related services. Its business lines include office, industrial, Information Technology, engineering and technical, finance and legal, medical and science, as well as solutions involving career transition and talent development, managed service programmes, recruitment process outsourcing, and vendor management system. It operates through the Lee Hecht Harrison global business and the following geographic segments: France, North America, United Kingdom and Ireland, Germany and Austria, Japan, Italy, Benelux, Nordics, Iberia, Australia and New Zealand, Switzerland, and Emerging Markets. The company was founded on May 18, 1967 and is headquartered in Glattbrugg, Switzerland.