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

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

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

Accor Stock Up 3.3%

Accor stock opened at $11.02 on Friday. Accor has a 12-month low of $8.71 and a 12-month high of $12.05. The firm’s 50-day moving average is $10.34 and its two-hundred day moving average is $10.65. 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 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.