ACCOR S A/S (OTCMKTS:ACCYY) Cut to “Underweight” at JPMorgan Chase & Co.

JPMorgan Chase & Co. cut shares of ACCOR S A/S (OTCMKTS:ACCYY) from an overweight rating to an underweight rating in a report issued on Thursday morning, The Fly reports.

Several other analysts have also recently commented on the stock. Sanford C. Bernstein upgraded shares of ACCOR S A/S from a market perform rating to an outperform rating in a research note on Tuesday, June 18th. Barclays upgraded shares of ACCOR S A/S from an equal weight rating to an overweight rating in a research note on Monday, July 22nd.

ACCYY stock traded up $0.06 during mid-day trading on Thursday, hitting $8.58. The company had a trading volume of 42,987 shares, compared to its average volume of 113,844. ACCOR S A/S has a 12-month low of $7.29 and a 12-month high of $10.37. The firm’s 50-day moving average price is $8.64.


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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