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HRnetGroup's business diversification amid economic uncertainty keeps it at 'add'

Samantha Chiew
Samantha Chiew6/14/2019 02:25 PM GMT+08  • 3 min read
HRnetGroup's business diversification amid economic uncertainty keeps it at 'add'
SINGAPORE (June 14): CGS-CIMB Research is keeping HRnetGroup at “add” but with a lower target price of $1.01 compared to $1.03 previously.
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SINGAPORE (June 14): CGS-CIMB Research is keeping HRnetGroup at “add” but with a lower target price of $1.01 compared to $1.03 previously.

This came on the back of a survey released by ManpowerGroup, which showed that the net employment outlook for 3Q19 is relative stable, and expects a 12% growth for the next quarter, a 1 percentage point (pp) increase from the last quarter, but unchanged from the same period last year.


See: Hiring prospects in 3Q expected to remain stable: ManpowerGroup

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