Accor SA - Sponsored ADR (OTCMKTS:ACCYY) Given Average Recommendation of "Buy" by Brokerages

Key Points

• Analysts give Accor a consensus Buy rating from five firms, comprising one hold, three buys and one strong buy.
• Recent research actions include Morgan Stanley and Barclays reiterating overweight ratings and Kepler Capital Markets upgrading Accor from hold to strong-buy.
• Shares opened at $9.21, trading in a 52-week range of $7.86–$12.05 with 50/200-day moving averages near $10.69/$10.54; the company shows quick and current ratios around 1.04–1.05 and a debt-to-equity of 0.77.

Accor SA - Sponsored ADR (OTCMKTS:ACCYY - Get Free Report) has earned a consensus rating of "Buy" from the five research firms that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company.

ACCYY has been the topic of several recent analyst reports. Morgan Stanley reissued an "overweight" rating on shares of Accor in a research note on Wednesday, February 25th. Barclays reiterated an "overweight" rating on shares of Accor in a report on Monday, February 23rd. Finally, Kepler Capital Markets raised shares of Accor from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, March 4th.

Accor Price Performance

Shares of ACCYY stock opened at $9.21 on Monday. The company has a quick ratio of 1.04, a current ratio of 1.05 and a debt-to-equity ratio of 0.77. The stock has a 50-day moving average of $10.69 and a 200-day moving average of $10.54. Accor has a one year low of $7.86 and a one year high of $12.05.

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.

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