Accor (OTCMKTS:ACCYY – Get Rating) was upgraded by stock analysts at Barclays from an “underweight” rating to an “equal weight” rating in a research report issued to clients and investors on Thursday, The Fly reports.
Several other analysts also recently issued reports on ACCYY. Deutsche Bank Aktiengesellschaft upped their price target on Accor from €30.50 ($33.15) to €31.90 ($34.67) and gave the stock a “buy” rating in a research note on Wednesday. JPMorgan Chase & Co. increased their target price on Accor from €21.00 ($22.83) to €22.00 ($23.91) and gave the company an “underweight” rating in a research note on Tuesday, December 13th. Jefferies Financial Group downgraded Accor from a “hold” rating to an “underperform” rating in a research report on Sunday, December 11th. Finally, Societe Generale dropped their target price on Accor from €33.00 ($35.87) to €27.40 ($29.78) in a report on Tuesday, October 18th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $28.33.
Accor Price Performance
OTCMKTS:ACCYY opened at $6.24 on Thursday. Accor has a 1-year low of $3.98 and a 1-year high of $7.87. The business’s fifty day moving average price is $5.31 and its 200 day moving average price is $5.02.
Accor SA engages in the operation and investment in hotel properties. It operates through the following business segments: Hotel Services, Hotel Assets, and New Businesses. The Hotel Services segment corresponds to AccorHotels business as a hotel manager and franchisor. The Hotel Assets segment comprises the group’s owned and leased hotels.
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