Nomura Reaffirms Reduce Rating on Accor SA (AC)
Accor SA (EPA: AC)‘s stock had its “reduce” rating reiterated by equities research analysts at Nomura in a research note issued to investors on Wednesday. They currently have a $25.32 (€20) price target on the stock.
AC has been the subject of a number of other recent research reports. 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. Analysts at Bryan Garnier & Cie reiterated a “buy” rating on shares of Accor SA in a research note to investors on Tuesday. They now have a $39.74 price target on the stock.
Accor SA traded down 0.69% on Wednesday, hitting €26.435. Accor SA has a 52-week low of €17.03 and a 52-week high of €27.975. The company’s market cap is €6.008 billion.
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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