Accor SA (EPA: AC)‘s stock had its “buy” rating reaffirmed by research analysts at Bryan Garnier & Cie in a report released on Tuesday. They currently have a $39.74 (€31) target price on the stock.

Shares of Accor SA traded down 1.33% during mid-day trading on Tuesday, hitting €26.62. Accor SA has a 52 week low of €17.03 and a 52 week high of €27.975. The company’s market cap is €6.050 billion.

Separately, analysts at AlphaValue reiterated an “add” rating on shares of Accor SA in a research note to investors on Tuesday. They now have a $40.13 price target on the stock.

Accor SA is a France-based hotel operator. The Hotels division manages more than 531,000 bedrooms in more than 4,200 hotels across 90 countries.

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