Kepler Cheuvreux analyst Julien Richer upgraded Accor (ACCYY) to Buy from Hold with an unchanged price target of EUR 52. The firm views the stock’s valuation as “overly pessimistic.”
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Read More on ACCYY:
- Accor price target raised to EUR 55 from EUR 53 at Morgan Stanley
- Accor price target raised to EUR 55 from EUR 53 at Barclays
- Accor price target raised to EUR 61 from EUR 60 at JPMorgan
- Accor: Strong Q4 Performance, Accelerating Unit Growth, and Robust Cash Generation Underpin Buy Rating
- Accor price target raised to EUR 55 from EUR 51 at Berenberg
