Accor SA Rating Increased to Buy at Jefferies Group (AC)
Accor SA (EPA:AC) was upgraded by equities research analysts at Jefferies Group to a “buy” rating in a research note issued to investors on Monday, Analyst Ratings Net reports.
Shares of Accor SA (EPA:AC) traded up 0.77% on Monday, hitting €34.575. 780,608 shares of the company’s stock traded hands. Accor SA has a 52 week low of €24.54 and a 52 week high of €34.82. The stock has a 50-day moving average of €33.28 and a 200-day moving average of €31.14. The company’s market cap is €7.847 billion.
Separately, analysts at S&P Equity Research raised their price target on shares of Accor SA from €35.00 ($47.95) to €39.00 ($53.42) in a research note to investors on Monday, October 21st. They now have a “strong-buy” rating on the stock. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of €31.21 ($42.76).
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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