ACCOR S A/S (OTCMKTS:ACCYY) Rating Lowered to Underweight at JPMorgan Chase & Co.

ACCOR S A/S (OTCMKTS:ACCYY) was downgraded by JPMorgan Chase & Co. from an “overweight” rating to an “underweight” rating in a research note issued on Thursday, The Fly reports.

ACCYY has been the subject of several other research reports. Barclays upgraded shares of ACCOR S A/S from an “equal weight” rating to an “overweight” rating in a research report on Monday, July 22nd. Sanford C. Bernstein upgraded shares of ACCOR S A/S from a “market perform” rating to an “outperform” rating in a research report on Tuesday, June 18th.

ACCYY opened at $8.81 on Thursday. The firm’s 50-day moving average is $8.64. ACCOR S A/S has a fifty-two week low of $7.29 and a fifty-two week high of $10.37.

About ACCOR S A/S

Accor SA operates a chain of hotels worldwide. It operates through three segments: HotelServices, Hotel Assets & Others, and New Businesses. The company owns, operates, manages, and franchises hotels. It also provides digital solutions to independent hotel operators and restaurant owners through Fastbooking, Availpro, ResDiary, and Adoria platforms; and hotel booking services for travels agencies and corporates through Gekko solutions.

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