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

Accor SA – Sponsored ADR (OTCMKTS:ACCYY) has received an average recommendation of “Moderate Buy” from the six brokerages that are covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company.

ACCYY has been the subject of a number of research reports. Jefferies Financial Group cut shares of Accor from an “underperform” rating to a “hold” rating in a research report on Thursday, June 25th. Citigroup reiterated a “buy” rating on shares of Accor in a research report on Monday, May 11th.

Accor Trading Down 0.7%

Shares of Accor stock opened at $11.39 on Wednesday. The company has a fifty day simple moving average of $10.72 and a 200-day simple moving average of $10.70. Accor has a 12-month low of $8.71 and a 12-month high of $12.05. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.04 and a current ratio of 1.05.

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.