Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Euronext Paris  >  Accor    AC   FR0000120404

Mes dernières consult.
Most popular
Real-time Quote. Real-time Tradegate - 11/20 10:48:23 am
41.655 EUR   +0.05%
09:36a ACCOR : In London, MGallery rolls out the red carpet
11/15 ACCOR : AccorHotels celebrates its 50th anniversary
11/13 ACCOR : Take vacations to improve your skills
News SummaryMost relevantAll newsSector newsTweets

European shares take a breather near two-year highs

share with twitter share with LinkedIn share with facebook
share via e-mail
11/06/2017 | 06:18pm CET
A general view shows the trading floor at the stock exchange in Frankfurt

European shares ended the day in positive territory on Monday after a session in which promising euro zone economic data and rising oil prices failed to offset some earnings and corporate news disappointment.

The pan-European STOXX 600 <.STOXX> rose a little more than 0.1 percent to 396.59 points, within range of two-year highs.

"After the really good run we had, I think there is nothing bad about it if the market takes a breather," said Tilmann Galler, global market strategist at JPMorgan Asset Management.

Galler said that IHS Markit's final composite Purchasing Managers' Index for the euro zone in October was a positive signal for European stocks.

"We believe that the euro zone can keep up this above-trend growth in the coming quarters because the region has one advantage versus the U.S. economy -- the cycle is much younger," he argued.

However, some results and negative developments on the corporate front disappointed investors.

Energy company SBM Offshore (>> SBM Offshore) sank 13.8 percent after taking a $238 million provision to settle a U.S. investigation over a Latin American bribery case.

The company said that a preliminary settlement reached with Brazilian authorities had fallen through and it would no longer be able to participate in tenders for Petrobras (>> Petroleo Brasileiro SA Petrobras), one of its largest customers.

Chemical and oil storage company Vopak (>> Royal Vopak) fell 6.1 percent after profit missed expectations and it lowered earnings guidance for the full year, citing weaker occupancy rates and higher costs.

Other energy stocks benefited after crude prices soared to their highest since July 2015.

Among gainers, Royal Dutch Shell (>> Royal Dutch Shell) rose by close to 1.5 percent to finish at a record high.

Shares in Deutsche Telekom (>> Deutsche Telekom) dropped 2.6 percent to the bottom of the DAX after an attempt by its T-Mobile U.S. unit to merge with Sprint Corp (>> Sprint Corp) collapsed at the weekend.

The technology sector <.SX8P>, meanwhile, was up 0.8 percent after a boost from a potential $103 billion megadeal in the chip sector. The news also lifted the tech-heavy Nasdaq.

Broadcom (>> Broadcom Limited) made an unsolicited $103 billion bid for Qualcomm (>> Qualcomm) on Monday, setting the stage for a major takeover battle as the chip maker looks to dominate the fast-growing market for semiconductors used in mobile phones.

Euro zone lenders <.SX7E> were down 0.9 percent, with investors exercising greater caution on the sector. Societe Generale (>> Société Générale) was among the worst performers with a 3.7 percent fall.

A string of target price cuts from JP Morgan, Morgan Stanley, Deutsche Bank, Kepler Cheuvreux and Natixis have hit the French banks.

Spain's IBEX index <.IBEX> fell 0.4 percent, lagging most European peers after sacked Catalan leader Carles Puigdemont turned himself in to Belgian authorities while weekend polls showed parties favouring Catalan independence would be likely to win December's regional election.

(Reporting by Helen Reid and Julien Ponthus; Editing by John Stonestreet and David Goodman)

By Julien Ponthus and Helen Reid

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on ACCOR
09:36a ACCOR : In London, MGallery rolls out the red carpet
11/15 ACCOR : The American Academy of Actuaries - Forum
11/15 ACCOR : AccorHotels celebrates its 50th anniversary
11/13 ACCOR : Take vacations to improve your skills
11/13 ACCOR : The American Academy of Actuaries - Forum
11/10 ACCOR : The American Academy of Actuaries - Forum
11/09 ACCOR : AccorHotels drops booking service for independent hoteliers
11/06 European shares take a breather near two-year highs
10/30 ACCOR : Benefits
10/28 ACCOR : Benefits
More news
News from SeekingAlpha
10/20 Accor (ACRFY) Updates On 3Q17 Sales - Slideshow
10/20 Accor SA reports Q3 revenue
10/19 Accor's (ACRFF) CEO Sebastien Bazin on Q3 2017 Results - Earnings Call Transc..
10/19 Accor SA Ltd. 2017 Q3 - Results - Earnings Call Slides
10/12 Mantra accepts $920M Accor bid to combine Australia's top two hotel groups
Financials (€)
Sales 2017 2 315 M
EBIT 2017 495 M
Net income 2017 778 M
Debt 2017 844 M
Yield 2017 1,59%
P/E ratio 2017 19,82
P/E ratio 2018 30,99
EV / Sales 2017 5,56x
EV / Sales 2018 4,97x
Capitalization 12 024 M
Duration : Period :
Accor Technical Analysis Chart | AC | FR0000120404 | 4-Traders
Technical analysis trends ACCOR
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 44,7 €
Spread / Average Target 7,3%
EPS Revisions
Sébastien Bazin Chairman & Chief Executive Officer
Jean-Jacques Morin Chief Financial Officer
Jean-Paul Bailly Independent Non-Executive Director
Mercedes Erra Independent Non-Executive Director
Sophie Gasperment Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
ACCOR17.51%14 173