Accor SA Given Accumulate Rating at CIC Securities (AC)

Accor SA (EPA: AC)‘s stock had its “accumulate” rating reaffirmed by research analysts at CIC Securities in a report released on Wednesday, StockRatingsNetwork reports. They currently have a €31.00 ($40.26) target price on the stock.

Shares of Accor SA (EPA: AC) opened at 26.30 on Wednesday. Accor SA has a 52 week low of €21.975 and a 52 week high of €29.625. The stock’s 50-day moving average is currently €26.6. The company’s market cap is €5.963 billion.

A number of other firms have also recently commented on AC. Analysts at Goldman Sachs reiterated a “neutral” rating on shares of Accor SA in a research note to investors on Wednesday, May 22nd. They now have a €29.70 ($38.57) price target on the stock. Separately, analysts at AlphaValue reiterated a “buy” rating on shares of Accor SA in a research note to investors on Thursday, May 16th. They now have a €32.00 ($41.56) price target on the stock. Finally, analysts at Oddo & Cie reiterated a “buy” rating on shares of Accor SA in a research note to investors on Friday, April 26th. They now have a €32.00 ($41.56) price target on the stock.

Five analysts have rated the stock with a sell rating, three have given a hold rating and eleven have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of €30.11 ($39.11).

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.