(CercleFinance.com) – Barclays begins monitoring Adecco at ‘overweight’ with a price target set at 47 Swiss francs, estimating, after analyzing data from the last 20 years, that we are perhaps at the one of the best times to buy the stock.
In an introductory note on several European human resources groups, the broker advises ‘buying when sentiment is at its lowest, knowing that downward earnings revisions may continue for another 10 to 11 months’.
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