Adecco: share price rises after positive analysis

(CercleFinance.com) - Adecco's share price has risen by almost 1% on the back of a positive analysis by Barclays.


The analyst firm has upgraded Adecco to 'Overweight', with a target price of CHF 47. After analyzing data for the last 20 years, Barclays believes that this may be one of the best times to buy the stock.

In an initiating note on several European human resources groups, the broker advises 'to buy when sentiment is at its lowest, bearing in mind that downward earnings revisions may continue for another 10 to 11 months'.

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