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

Shares of Accor SA – Sponsored ADR (OTCMKTS:ACCYY) have received an average rating of “Buy” from the five research firms that are covering the stock, Marketbeat reports. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company.

Several brokerages recently weighed in on ACCYY. Barclays restated an “overweight” rating on shares of Accor in a report on Monday, February 23rd. Kepler Capital Markets upgraded shares of Accor from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. Finally, Morgan Stanley reissued an “overweight” rating on shares of Accor in a research note on Wednesday, February 25th.

Accor Stock Performance

ACCYY stock opened at $10.16 on Thursday. Accor has a 1 year low of $7.86 and a 1 year high of $12.05. The stock’s 50 day moving average price is $11.20 and its 200 day moving average price is $10.58. The company has a quick ratio of 1.11, a current ratio of 1.12 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.