Accor (ACCYY) to Release Earnings on Thursday

Accor (OTCMKTS:ACCYY) is expected to be issuing its resultson Thursday, July 30th. Analysts expect Accor to post earnings of $0.1593 per share and revenue of $3.1578 billion for the quarter.

Accor Trading Down 0.6%

Shares of Accor stock opened at $10.59 on Thursday. The business has a fifty day simple moving average of $10.90 and a 200-day simple moving average of $10.67. The company has a quick ratio of 1.04, a current ratio of 1.05 and a debt-to-equity ratio of 0.77. Accor has a 12 month low of $8.71 and a 12 month high of $12.05.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on ACCYY shares. Citigroup reissued a “buy” rating on shares of Accor in a research note on Monday, May 11th. Jefferies Financial Group cut Accor from an “underperform” rating to a “hold” rating in a research note on Thursday, June 25th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

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.