Accor SA

AC: XPAR (FRA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	€48.00	Lhdbb	Nlmtmyvx

Accor Earnings: Solid Sales and EBITDA Growth Set to Last on Further International Recovery

Dan Wasiolek

Feb 22, 2024

Narrow-moat Accor's shares traveled 7% higher on Feb. 22, driven by solid 2023 results and bullish demand and supply commentary over the intermediate term. Our fair value estimate is EUR 41.50 per share.

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