(Sharecast News) - Jefferies downgraded its stance on PageGroup on Wednesday as it took a look at European recruiters.
The bank cut PageGroup to 'underperform' from 'hold' because recent share price outperformance and the premium EV/net fee multiple sits at odds with its exposure to permanent recruitment and China. It lifted the price target to 400p from 360p.
Jefferies reiterated its 'buy' rating on Hays and upped the price target to 135p from 125p, saying it offers high exposure to structural growth markets - Germany, IT, green infrastructure - at a modest valuation.
It left Randstad at 'underperform', saying it has an unattractive risk/reward over the next 12 months because its premium EV/net fee multiple is vulnerable to a de-rating. Jefferies increased the price target on Randstad to €42 from €36.
The bank kept Adecco and SThree at 'hold' and lifted the price targets to CHF34 from CHF29 and to 390p from 320p, respectively.


(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Tuesday.


(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Wednesday.


(Alliance News) - Stock prices in London opened slightly lower on Wednesday as investors digested UK inflation data, while attention turned to the Fed...


* SThree's H1 net fees fall 7% to £147.7 million


(Alliance News) - Rathbones Group PLC on Tuesday warned of a profit hit as it has voluntarily halted new inflows from some existing high-risk clients ...


(Sharecast News) - Morgan Stanley reiterated its 'underweight' rating on PageGroup on Tuesday and slashed the price target, as it "neutralised" its ra...


(Alliance News) - Stock prices in London were higher by midday Thursday, with the FTSE 100 building on early gains as investors digested developments ...


(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Thursday.


(Alliance News) - The FTSE 100 rallied on Wednesday, led by mining stocks, while gilts steadied as UK Prime Minister Keir Starmer kept a precarious gr...