Accor share abandons its 46.90 € resistance ahead of its results
The multi-brand hotel group is declining mid-morning, in a Paris market clearly oriented downwards. It is placed in the lower half of the index, on the same day as the publication of its quarterly results. An upward revision of targets by an investment bank occurred yesterday.
A share price stuck to its moving averages, at the foot of a 46.90 € resistance
Accor is down 2.03% to 45.83 €, versus a CAC 40 declining 1.42%. The price is in contact with its 50-day MA (45.89 €) and its 200-day MA (45.82 €), while the day before it was trading higher, towards the 46.90 € resistance. Over the week, the share remains slightly up 0.84%.
This decline brings it back to its two medium and long-term moving averages, with an RSI at 50 which signals neither overbought nor oversold conditions. The session is also marked by tension on French debt: the 10-year OAT is at 4.99% according to the latest survey by the Banque de France on October 21, its highest since 2004, and the spread with the Bund reaches 1.58 points.
Third quarter results published today, following an upwardly revised target by Citi
Free · Every morning
Technical market signals, before the opening bell.
Bullish and bearish momentum, analyst changes, stocks to watch — automatically computed from Euronext data.
✓ Before 9 AM every morning✓ Euronext data✓ AI-powered analysis
You're in — subscription confirmed!
Your first edition is on its way. Check your spam folder and add us to your contacts.
An error occurred.
Indicative data. No investment advice. Unsubscribe at any time.
Gratuit · chaque matin
Ne ratez plus rien sur vos actions
La tendance derrière les cours. L'essentiel des valeurs Euronext en quelques minutes.
📈les valeurs en mouvement, sur la durée
🎯les objectifs d'analystes qui évoluent
📰les actualités qui font bouger les cours
tendance · 6 séances
✓ C'est fait, vous êtes inscrit !
Votre première édition arrive bientôt. Pensez à vérifier vos spams.
Une erreur est survenue.
CAC 40 · SBF 120 · données indicatives · aucun conseil en investissement · désinscription à tout moment.
The group is publishing its third quarter 2026 results this Thursday. During the first half results, published on July 30, the expected EBITDA for the following fiscal year came to 1,272.5 M€ in company data. The share presented itself at this deadline on its moving averages, without marked momentum, ahead of the publication of its results this Thursday. On Wednesday, October 21, Citi raised its price target from 61 € to 64 €, while maintaining its buy rating.
This target is approximately 40% above the current price. In parallel, the consensus of analysts remains to be monitored following today's publication. The company is also continuing its share buyback program of 225 M€ announced on July 30, executed at approximately 24% as of October 2.
SectorTourisme, hôtellerie et restauration›Groupes hôteliers
Free · every morning · before 9am
Never miss a move on your stocks
The trend behind the prices · Euronext
✓ You're in! Check your spam folder.
An error occurred.
Context
Period
Period: T3 2026
Key reported figures
Revenue: 1 503 millions d'euros
Quarterly revenue: 1 503 millions d'euros
Revenue growth: 9,8 %
Guidance from the release
Ces performances solides et la poursuite d'une discipline financière rigoureuse dans un contexte géopolitique incertain nous permettent de relever notre objectif de résultats pour l'année.
Risks mentioned
Situation aux Émirats Arabes Unis restant impactée par le conflit au Moyen-Orient avec un RevPAR en baisse de l'ordre de 20%
Environnement géopolitique incertain mentionné comme contexte de risque
Variation négative du RevPAR en Chine continuant sur le trimestre
Opportunities identified
Croissance dynamique de la division Luxe & Lifestyle avec RevPAR en hausse de 8,3%
Croissance nette du réseau de 3,0% et pipeline en croissance de 9,5% offrant perspectives d'expansion
Pipeline de plus de 273 000 chambres (1 628 hôtels) constituant un levier de croissance futur
Outlook / guidance
Expected EBITDA: 1 278 millions d'euros
Management commentary: For fiscal year 2026, Accor is revising the following outlook: [...] Recurring EBITDA in the range of €1,270 million to €1,285 million (previously "between €1,260 million and €1,285 million"), based on an expected negative €10 million foreign exchange impact for fiscal year 2026
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
