Accor SA – Sponsored ADR (OTCMKTS:ACCYY) Receives Average Recommendation of “Buy” from Brokerages

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

Several research firms have commented on ACCYY. Barclays reiterated an “overweight” rating on shares of Accor in a research report on Monday, February 23rd. Morgan Stanley reiterated an “overweight” rating on shares of Accor in a research report on Wednesday, February 25th. Finally, Kepler Capital Markets upgraded shares of Accor from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 4th.

Accor Stock Down 4.5%

ACCYY opened at $9.64 on Friday. The company has a fifty day moving average of $10.29 and a 200 day moving average of $10.60. Accor has a fifty-two week low of $8.71 and a fifty-two week high of $12.05. The company has a quick ratio of 1.04, a current ratio of 1.05 and a debt-to-equity ratio of 0.77.

About Accor

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.