Kepler sees signs of recovery in staffing sector, initiates Randstad with 'buy'

Randstad NV

19/02/2025 10:37

** Kepler Chevreux initiates coverage of the world's largest
employment agency Randstad  RAND.AS  with "buy" rating, saying
staffing sector worldwide shows signs of recovery
    ** The brokerage points to the stabilising volumes in the US
and encouraging trends in the Benelux, to both of which Randstad
has a high exposure
    ** Kepler adds that company's strong balance sheet and cash
flow provide room for M&A (mergers and acquisitions) or
additional shareholder distributions
    ** Out of 19 analysts that cover Randstad NV, seven rate the
stock "strong buy" or "buy", eight rate "hold" and four rate the
stock "strong sell" or "sell"
    

 (Reporting by Anna Banacka)
 ((Anna.banacka@thomsonreuters.com))