Analyst Simon LeChipre of Jefferies maintained a Buy rating on Accor SA, retaining the price target of €53.00.
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Simon LeChipre has given his Buy rating due to a combination of factors that suggest a positive outlook for Accor SA. The company has demonstrated strong performance in its RevPAR (Revenue per Available Room) metrics, with October figures surpassing those of September, and expectations for continued growth in the fourth quarter. This aligns with the company’s full-year guidance and market consensus, indicating a stable and promising trajectory.
Furthermore, Accor SA is confident in its Net Unit Growth (NUG), projecting an acceleration close to 4% in fiscal year 2026 and nearing 5% in 2027. This growth is supported by the normalization of churn and the successful development of like-for-like projects. Additionally, the ongoing Essendi disposal process is on track, with the company expecting to complete the deal by the end of the second quarter of 2026, reinforcing its commitment to utilizing over 75% of the cash proceeds effectively.
In another report released on November 10, Bernstein also maintained a Buy rating on the stock with a €52.40 price target.