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

Accor SA – Sponsored ADR (OTCMKTS:ACCYY) has been assigned an average rating of “Moderate Buy” from the six research firms that are currently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company.

Several brokerages recently issued reports on ACCYY. Jefferies Financial Group cut Accor from an “underperform” rating to a “hold” rating in a research report on Thursday, June 25th. Citigroup reaffirmed a “buy” rating on shares of Accor in a research report on Monday, May 11th.

Accor Price Performance

OTCMKTS ACCYY opened at $11.39 on Wednesday. The firm’s fifty day moving average is $10.72 and its two-hundred day moving average is $10.70. Accor has a one year low of $8.71 and a one year 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.

Accor Company Profile

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.