BofA analyst Simona Sarli upgraded Randstad (RANJY) to Buy from Underperform with a price target of EUR 42, up from EUR 39.50. Macroeconomic conditions in Europe are still mixed, but latest staffing data for the Netherlands show the first signs of stabilization, while North America is improving sequentially, notes the analyst, who adds that the share price is down 54% compared the SXNP Index over the past three years.
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Read More on RANJY:
- Randstad price target lowered to EUR 39.30 from EUR 42 at JPMorgan
- Randstad price target lowered to EUR 40 from EUR 47 at Citi
- Randstad upgraded to Outperform from Neutral at Exane BNP Paribas
- Randstad price target lowered to EUR 46 from EUR 54 at Deutsche Bank
- Randstad reinstated with a Neutral at JPMorgan
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