Accor SA – Sponsored ADR (OTCMKTS:ACCYY) Receives Average Rating of “Buy” from Brokerages

Accor SA – Sponsored ADR (OTCMKTS:ACCYY) has received an average recommendation of “Buy” from the five analysts that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company.

Several brokerages have recently commented on ACCYY. Kepler Capital Markets raised Accor from a “hold” rating to a “strong-buy” rating in a report on Wednesday. Barclays reissued an “overweight” rating on shares of Accor in a research report on Monday, February 23rd. Finally, Morgan Stanley restated an “overweight” rating on shares of Accor in a report on Wednesday, February 25th.

Accor Price Performance

ACCYY opened at $10.66 on Thursday. Accor has a twelve month low of $7.86 and a twelve month high of $12.05. The company has a quick ratio of 1.11, a current ratio of 1.12 and a debt-to-equity ratio of 0.78. The company has a fifty day simple moving average of $11.24 and a 200 day simple moving average of $10.58.

About Accor

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.