Adecco Group AG
ADEN: XSWX (CHE)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.&g | LOCK|BW | LOCK|Jr^&b^% |
Launching Coverage of No-Moat-Rated Adecco With Fair Value Estimate of CHF 19.5; Shares Overvalued
We are launching coverage of Adecco, one of the three leading staffing industry companies, alongside Randstad and Manpower. The majority of its revenue is from the temporary and permanent placement of talent to its clients.
