Accor (OTCMKTS:ACCYY) Upgraded to Strong-Buy at Kepler Capital Markets

Kepler Capital Markets upgraded shares of Accor (OTCMKTS:ACCYY) from a hold rating to a strong-buy rating in a research report released on Wednesday morning,Zacks.com reports.

ACCYY has been the topic of a number of other research reports. Barclays reissued an “overweight” rating on shares of Accor in a report on Monday, February 23rd. Morgan Stanley reissued an “overweight” rating on shares of Accor in a research note on Wednesday, February 25th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Accor currently has an average rating of “Buy”.

Accor Stock Performance

Shares of Accor stock traded down $0.32 on Wednesday, hitting $10.34. The stock had a trading volume of 90,997 shares, compared to its average volume of 45,367. 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 has a one year low of $7.86 and a one year high of $12.05. The stock’s 50-day simple moving average is $11.24 and its two-hundred day simple moving average is $10.58.

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.