Accor (OTCMKTS:ACCYY) Rating Increased to Strong-Buy at Kepler Capital Markets

Accor (OTCMKTS:ACCYY) was upgraded by equities researchers at Kepler Capital Markets from a “hold” rating to a “strong-buy” rating in a report released on Wednesday,Zacks.com reports.

A number of other equities analysts have also weighed in on ACCYY. Morgan Stanley reissued an “overweight” rating on shares of Accor in a research report on Wednesday, February 25th. Barclays reaffirmed an “overweight” rating on shares of Accor in a research note on Monday, February 23rd. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy”.

Accor Price Performance

Shares of OTCMKTS:ACCYY opened at $10.66 on Wednesday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.11 and a current ratio of 1.12. Accor has a 52-week low of $7.86 and a 52-week high of $12.05. The stock’s fifty day simple moving average is $11.24 and its 200-day simple moving average is $10.58.

Accor Company Profile

Accor is a leading global hospitality group headquartered in Issy-les-Moulineaux, France, with operations spanning more than 100 countries across Europe, the Americas, Asia-Pacific, the Middle East and Africa. Founded in 1967 by Paul Dubrule and Gérard Pélisson, the company has grown from a single motel in Lille into one of the world’s largest hotel operators and owners, offering accommodation and hospitality services to both leisure and business travelers.

The company’s extensive brand portfolio covers a wide spectrum of market segments, ranging from luxury and premium offerings to midscale and economy hotels.