Analyst Jaina Mistry from Jefferies reiterated a Buy rating on Accor SA and keeping the price target at €53.00.
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Jaina Mistry’s rating is based on a combination of factors that suggest a positive outlook for Accor SA. Despite a revenue miss in the second quarter, the company’s EBITDA performance exceeded expectations, driven by strong underlying operations. The geographic diversification strategy is effectively supporting and mitigating growth risks, which is a positive sign for future performance.
Moreover, the company’s guidance for fiscal year 2025 remains within the medium-term expectations, indicating stability. The stock is currently trading at a discount compared to its historical valuation relative to peers, which presents a potential opportunity for investors. These elements together contribute to the Buy rating, as the prospects for revenue growth and returns appear favorable over the medium term.
According to TipRanks, Mistry is a 4-star analyst with an average return of 11.3% and a 69.91% success rate. Mistry covers the Consumer Cyclical sector, focusing on stocks such as Whitbread, InterContinental Hotels, and Accor SA.