Accor SA (OTCMKTS:ACCYY) Given Consensus Recommendation of “Hold” by Analysts

Accor SA (OTCMKTS:ACCYYGet Rating) has received an average recommendation of “Hold” from the ten research firms that are covering the firm, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and five have given a buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $35.00.

ACCYY has been the subject of a number of recent analyst reports. Berenberg Bank upgraded shares of Accor from a “hold” rating to a “buy” rating in a research report on Wednesday, March 9th. Redburn Partners upgraded Accor to a “buy” rating in a report on Friday, January 14th. UBS Group upgraded shares of Accor from a “neutral” rating to a “buy” rating in a research note on Friday, January 14th. Kepler Capital Markets cut Accor from a “buy” rating to a “hold” rating and reduced their target price for the stock from €37.00 ($38.95) to €32.00 ($33.68) in a research report on Monday, March 14th. Finally, Societe Generale cut their price objective on Accor from €37.08 ($39.03) to €35.50 ($37.37) and set a “buy” rating for the company in a report on Friday, February 25th.

Shares of OTCMKTS ACCYY opened at $6.43 on Friday. Accor has a 52 week low of $5.14 and a 52 week high of $8.67. The firm has a 50-day moving average price of $6.33 and a 200 day moving average price of $6.69.

Accor Company Profile (Get Rating)

Accor SA operates a chain of hotels. It operates through two segments, HotelServices, and Hotel Assets & Other. The company owns, operates, manages, and franchises hotels. It also provides digital services to independent hotel operators through D-edge platform; ResDiary, a flat-rate online table reservation system that is designed for restaurant owners; Gekko solutions, including digital hotel distribution and loyalty platforms for the travel industry and large companies; and concierge and customized services through John Paul, as well as hotel booking services; and other services in events, fine dining, and entertainment through Paris Society and Potel & Chabot platforms.

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Analyst Recommendations for Accor (OTCMKTS:ACCYY)

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