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

Shares of Accor SA – Sponsored ADR (OTCMKTS:ACCYY) have received an average rating of “Moderate Buy” from the six ratings firms that are covering the company, Marketbeat reports. Two analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company.

ACCYY has been the subject of a number of analyst reports. Jefferies Financial Group downgraded shares of Accor from an “underperform” rating to a “hold” rating in a research report on Thursday, June 25th. Citigroup reissued a “buy” rating on shares of Accor in a research report on Monday, August 3rd.

Accor Trading Up 1.5%

OTCMKTS ACCYY opened at $11.13 on Thursday. The firm has a 50-day moving average price of $10.97 and a two-hundred day moving average price of $10.62. Accor has a 12-month low of $8.71 and a 12-month high of $12.05. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.05 and a quick ratio of 1.04.

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.