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

Shares of Accor SA – Sponsored ADR (OTCMKTS:ACCYY) have earned a consensus recommendation of “Moderate Buy” from the six brokerages that are presently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company.

A number of brokerages have recently weighed in on ACCYY. Citigroup reiterated a “buy” rating on shares of Accor in a research report on Monday, May 11th. Jefferies Financial Group cut shares of Accor from an “underperform” rating to a “hold” rating in a report on Thursday, June 25th.

Accor Stock Performance

ACCYY stock opened at $10.77 on Wednesday. Accor has a 1-year low of $8.71 and a 1-year high of $12.05. The firm has a fifty day moving average price of $10.85 and a two-hundred day moving average price of $10.69. The company has a current ratio of 1.05, a quick ratio of 1.04 and a debt-to-equity ratio of 0.77.

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.