Accor SA – Sponsored ADR (OTCMKTS:ACCYY) Receives Average Rating of “Buy” from Brokerages

Shares of Accor SA – Sponsored ADR (OTCMKTS:ACCYY) have been given an average rating of “Buy” by the five analysts that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating on the company.

A number of brokerages recently weighed in on ACCYY. Citigroup reissued a “buy” rating on shares of Accor in a report on Monday, May 11th. Kepler Capital Markets upgraded shares of Accor from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 4th. Barclays restated an “overweight” rating on shares of Accor in a research report on Monday, February 23rd. Finally, Morgan Stanley restated an “overweight” rating on shares of Accor in a research report on Wednesday, February 25th.

Accor Price Performance

OTCMKTS ACCYY opened at $11.01 on Friday. The company’s 50 day simple moving average is $10.42 and its two-hundred day simple moving average is $10.65. 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 has a 1 year low of $8.71 and a 1 year high of $12.05.

About Accor

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.