Accor (ACCYY) to Announce Earnings on Thursday

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

Accor Price Performance

ACCYY opened at $10.59 on Thursday. Accor has a fifty-two week low of $8.71 and a fifty-two week high of $12.05. The business has a 50-day moving average of $10.90 and a 200-day 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.

Analysts Set New Price Targets

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

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.