Adecco Group AG (OTCMKTS:AHEXY – Get Rating) – Equities researchers at Jefferies Financial Group dropped their FY2022 EPS estimates for shares of Adecco Group in a note issued to investors on Friday, August 19th. Jefferies Financial Group analyst K. Marden now expects that the business services provider will post earnings per share of $1.92 for the year, down from their prior forecast of $2.06. The consensus estimate for Adecco Group's current full-year earnings is $1.90 per share. Jefferies Financial Group also issued estimates for Adecco Group's FY2023 earnings at $1.72 EPS.

A number of other research analysts have also issued reports on AHEXY. JPMorgan Chase & Co. decreased their target price on Adecco Group from CHF 35 to CHF 32 and set an "underweight" rating on the stock in a research report on Wednesday, July 13th. Deutsche Bank Aktiengesellschaft decreased their target price on Adecco Group from CHF 41 to CHF 36 in a research report on Tuesday, May 10th. Finally, Morgan Stanley decreased their target price on Adecco Group from CHF 34.30 to CHF 33.10 and set an "equal weight" rating on the stock in a research report on Tuesday, August 16th. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, Adecco Group has an average rating of "Hold" and an average target price of $34.28.

Adecco Group Price Performance

Adecco Group (OTCMKTS:AHEXY – Get Rating) last issued its quarterly earnings data on Thursday, August 4th. The business services provider reported $0.45 EPS for the quarter. The business had revenue of $6.33 billion for the quarter. Adecco Group had a net margin of 2.22% and a return on equity of 15.00%.

Adecco Group Company Profile

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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, technology consulting and talent, tech academy, digital staffing services, and talent advisory and solutions under the Adecco, Adia, General Assembly, Badenoch + Clark, LHH, pontoon, Spring, and Modis.

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