Randstad NV

RAND: XAMS (NLD)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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Awarding No-Moat Rating for Randstad and FVE of EUR 36; Shares Fairly Valued

We are launching coverage of Randstad, one of the three leading staffing industry companies, alongside Adecco and Manpower. The majority of its revenue is from the temporary and permanent placement of talent to its clients.

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