Kepler Capital Markets Upgrades Accor (OTCMKTS:ACCYY) to “Strong-Buy”

Accor (OTCMKTS:ACCYY) was upgraded by investment analysts at Kepler Capital Markets from a “hold” rating to a “strong-buy” rating in a report issued on Wednesday,Zacks.com reports.

Several other equities analysts have also weighed in on ACCYY. Barclays reaffirmed an “overweight” rating on shares of Accor in a report on Monday, February 23rd. Morgan Stanley reaffirmed an “overweight” rating on shares of Accor in a report on Wednesday, February 25th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy”.

Accor Stock Down 2.9%

Shares of ACCYY stock opened at $10.35 on Wednesday. Accor has a twelve month low of $7.86 and a twelve month high of $12.05. The stock has a 50 day moving average of $11.22 and a 200 day moving average of $10.58. The company has a current ratio of 1.12, a quick ratio of 1.11 and a debt-to-equity ratio of 0.78.

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.