(CercleFinance.com) – UBS reaffirms its ‘buy’ recommendation on Adecco and its target price of 55 Swiss francs, a target which implies a potential upside of 30% for the title of the human resources services group, the day after its investor day.
‘Adecco reported that the current business was ‘on track’ in the first quarter and reiterated its group objectives (with new objectives by divisions) for its Future@Work strategy cycle, ‘it underlines in the summary of his note.
Alain Dehaze, CEO of the Adecco Group, commented: ‘The Group has made great progress in the first year of implementing our Future@Work strategy, showing resilience in the face of macroeconomic volatility. Despite the current geopolitical uncertainties, we remain on track to achieve the Q1 outlook we shared on February 24’.
Copyright © 2022 CercleFinance.com. All rights reserved.
Did you like this article ? Share it with your friends with the buttons below.
