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

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

A number of research analysts have issued reports on ACCYY shares. Barclays restated 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 report on Wednesday, March 4th. Finally, Morgan Stanley restated an “overweight” rating on shares of Accor in a research note on Wednesday, February 25th.

Accor Price Performance

Shares of Accor stock opened at $9.60 on Monday. The company has a 50 day moving average price of $10.61 and a 200 day moving average price of $10.53. 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 has a 52 week low of $7.86 and a 52 week high of $12.05.

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.