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

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

Several equities research analysts have weighed in on the stock. Morgan Stanley reissued an “overweight” rating on shares of Accor in a research report on Wednesday, February 25th. Citigroup reaffirmed a “buy” rating on shares of Accor in a research report on Monday, May 11th. Barclays reaffirmed an “overweight” rating on shares of Accor in a research report on Monday, February 23rd. Finally, Kepler Capital Markets raised shares of Accor from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 4th.

Accor Trading Up 1.0%

Shares of ACCYY opened at $10.18 on Tuesday. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.05 and a quick ratio of 1.04. The firm has a fifty day simple moving average of $9.92 and a two-hundred day simple moving average of $10.64. Accor has a twelve month low of $8.71 and a twelve month high of $12.05.

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.