Zacks Investment Research upgrades Randstad (OTCMKTS: RANJY) to hold

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Randstad (OTCMKTS:RANJY – Get Rating) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a research note released Wednesday, Zacks.com reports.

According to Zacks, “Randstad Holding NV operates as a global provider of HR services, including temporary recruitment, permanent placement, middle and senior management recruitment, on-site consulting, seconded specialists and specialist HR services. Its service personnel segment includes temporary recruitment, permanent placement and specialties (high volume); the internal services segment specializes in the provision of high volume flexible and skilled workforce; aiming to improve flexibility, workforce retention, productivity and efficiency, while the HR solutions and managed services segment offers a full range of HR project management, HR management and HR consulting services. also recruits supervisors, managers, professionals, interim specialists and consultants with professional qualifications for cross-management positions middle and upper. Randstad Holding NV is headquartered in Diemen, the Netherlands. “

Several other equity research analysts have also recently published reports on RANJY. HSBC upgraded Randstad’s shares from a “hold” rating to a “buy” rating in a Wednesday, April 6 research report. Deutsche Bank Aktiengesellschaft upgraded Randstad from a “buy” rating to a “hold” rating in a Wednesday, April 13 research note. Kepler Capital Markets downgraded Randstad from a “hold” rating to a “reduce” rating and set a target price of €45.00 ($48.39) for the company. in a research report on Thursday, April 7. Exane BNP Paribas raised Randstad from an “underperforming” rating to a “neutral” rating in a research report on Tuesday, April 19. Finally, JPMorgan Chase & Co. upgraded Randstad from an “underweight” rating to a “neutral” rating in a Wednesday, April 20 report. One research analyst rated the stock with a sell rating, six assigned a hold rating, and two assigned the company a buy rating. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $53.00.

OTCMKTS: RANJY opened at $28.37 on Wednesday. The stock has a fifty-day simple moving average of $27.44 and a 200-day simple moving average of $31.29. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt ratio of 0.16. The company has a market capitalization of $10.44 billion, a price/earnings ratio of 11.00 and a beta of 1.34. Randstad has a 12-month low of $25.14 and a 12-month high of $40.44.

About Randstad (Get an assessment)

Randstad NV provides solutions in the field of labor services and human resources (HR). It offers temporary placement and permanent placement services for light industry, office and administration, manufacturing and logistics and other specialized fields, as well as payroll services. The company also offers on-site solutions to manage a customer’s workforce with specific skills and fluctuating level of demand for fast-moving consumer goods, automotive, life sciences, contact centers, manufacturing and logistics, as well as administrative tasks and professional segments.

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Analyst Recommendations for Randstad (OTCMKTS: RANJY)

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