Accor SA – Sponsored ADR (OTCMKTS:ACCYY) Given Consensus Recommendation of “Buy” by Brokerages

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

Several research analysts have weighed in on the company. Morgan Stanley reaffirmed an “overweight” rating on shares of Accor in a research report on Wednesday, February 25th. Kepler Capital Markets upgraded Accor from a “hold” rating to a “strong-buy” rating in a report on Wednesday, March 4th. Finally, Barclays reiterated an “overweight” rating on shares of Accor in a report on Monday, February 23rd.

Accor Stock Performance

Shares of OTCMKTS:ACCYY opened at $9.79 on Monday. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.05 and a quick ratio of 1.04. Accor has a 12-month low of $7.86 and a 12-month high of $12.05. The firm has a fifty day moving average of $10.56 and a two-hundred day moving average of $10.53.

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.