Adecco: Jefferies downgrades stock
(CercleFinance.com) - Jefferies downgrades its Adecco shares from 'hold' to 'underperform', with a target price reduced by 33% to 19.
50CHF, in a note on European human resources services stocks.
Balance sheet is a key issue for us, with our analysis suggesting that dividend risk may not be appropriately anticipated, it judges regarding Adecco, also seeing earnings momentum poised to underperform its major peers.
Regarding the sector as a whole, Jefferies believes that after two years of weak performance, most indicators still point to a difficult context, and it therefore does not think that the sector will see a widespread rebound.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.
50CHF, in a note on European human resources services stocks.
Balance sheet is a key issue for us, with our analysis suggesting that dividend risk may not be appropriately anticipated, it judges regarding Adecco, also seeing earnings momentum poised to underperform its major peers.
Regarding the sector as a whole, Jefferies believes that after two years of weak performance, most indicators still point to a difficult context, and it therefore does not think that the sector will see a widespread rebound.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.