Is Accor (OTCMKTS:ACRFF) a Stock to Watch Now That Berenberg Has Begun Covering It?

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How Berenberg Currently Rates Accor (OTCMKTS:ACRFF)

In a very recent research note issued to clients and investors on Tuesday morning, research professionals at Berenberg started coverage on Accor (OTCMKTS:ACRFF) shares. The brokerage firm issued a key Buy rating for ACRFF stock.

From a total of 2 analysts covering Accor (OTCMKTS:ACRFF) stock, 1 rate it a ”Buy”, 1 a “Sell”, and 0 a ”Hold”. This means that 50% of the ratings are positive. Accor was the topic of 2 analyst reports since August 28, 2015 according to the firm StockzIntelligence Inc. Berenberg initiated shares on December 8 with “Buy” rating.

The stock decreased 1.08% or $0.48 on December 8, striking $43.96. Approximately shares of stock traded hands. ACCOR EUR3 (OTCMKTS:ACRFF) has declined 20.22% since May 6, 2015 and is downtrending. It has underperformed by 19.42% the S&P500.

Is Accor (OTCMKTS:ACRFF) a Stock to Watch Now That Berenberg Has Begun Covering It?

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