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

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

ACCYY has been the subject of several recent analyst reports. Morgan Stanley restated an “overweight” rating on shares of Accor in a research note on Wednesday, February 25th. Barclays restated an “overweight” rating on shares of Accor in a research note on Monday, February 23rd. Finally, Kepler Capital Markets upgraded Accor from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 4th.

Accor Stock Performance

Shares of Accor stock opened at $10.11 on Friday. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.04 and a current ratio of 1.05. Accor has a twelve month low of $8.71 and a twelve month high of $12.05. The business has a 50-day moving average price of $10.26 and a 200 day moving average price of $10.62.

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.