Citigroup Inc. Increases Accor SA Price Target to €37.00 (AC)
Analysts at Citigroup Inc. raised their target price on shares of Accor SA (EPA:AC) from €27.50 ($37.16) to €37.00 ($50.00) in a research report issued to clients and investors on Friday, Analyst Ratings News reports. The firm currently has a “buy” rating on the stock.
Shares of Accor SA (EPA:AC) traded up 1.89% on Friday, hitting €32.265. 1,256,145 shares of the company’s stock traded hands. Accor SA has a 52-week low of €23.125 and a 52-week high of €32.095. The stock’s 50-day moving average is €29.41 and its 200-day moving average is €27.51. The company’s market cap is €7.323 billion.
Accor SA is a France-based hotel operator. The Hotels division manages more than 531,000 bedrooms in more than 4,200 hotels across 90 countries.
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