ACCOR S A/S (OTCMKTS:ACCYY) Rating Lowered to Underweight at JPMorgan Chase & Co.

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JPMorgan Chase & Co. cut shares of ACCOR S A/S (OTCMKTS:ACCYY) from an overweight rating to an underweight rating in a report released on Thursday morning, The Fly reports.

Other analysts have also recently issued research reports about the stock. Barclays upgraded shares of ACCOR S A/S from an equal weight rating to an overweight rating in a research report on Monday, July 22nd. Sanford C. Bernstein upgraded shares of ACCOR S A/S from a market perform rating to an outperform rating in a research report on Tuesday, June 18th.

ACCOR S A/S stock opened at $8.57 on Thursday. The firm’s fifty day moving average is $8.63. ACCOR S A/S has a fifty-two week low of $7.29 and a fifty-two week high of $10.37.

About ACCOR S A/S

Accor SA operates a chain of hotels worldwide. It operates through three segments: HotelServices, Hotel Assets & Others, and New Businesses. The company owns, operates, manages, and franchises hotels. It also provides digital solutions to independent hotel operators and restaurant owners through Fastbooking, Availpro, ResDiary, and Adoria platforms; and hotel booking services for travels agencies and corporates through Gekko solutions.

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