Accor Shares Drop 2.45% to €43.44 Amid Brent Oil Surge
Shares of the hotel group Accor fell by 2.45% to €43.44 at mid-session this Friday, within a CAC 40 also markedly down by 1.34% at 7,974.18 points. The rise in Brent to $109.11 is weighing on sectors sensitive to tourism and air transport. The session largely erases the rebound from the previous day above the 200-day moving average.
Shares Drop 2.45% and Fall Below the 200-Day Moving Average in a CAC 40 Weighed Down by Oil
Accor is trading at €43.44 at midday, marking a decline of 2.45% compared to Thursday's close at €44.53. The hotel group is among the biggest losers in the CAC 40, which is down 1.34%. Brent has crossed the $109 threshold, up 2.36% over 24 hours, which mechanically impacts the travel and hospitality sectors. The sector also remains exposed to tensions in the Middle East, previously mentioned by the group during the quarterly announcement on April 29, with RevPAR in the United Arab Emirates down by 9% in Q1. In terms of indicators, the price has fallen below the 200-day moving average at €44.44 (a gap of -2.25%) after surpassing it the previous day. However, the stock remains above the 50-day moving average at €42.87, and close to its 20-day moving average at €43.62. The RSI at 56 remains neutral.
Focus on the General Meeting on May 27 and Dividend Detachment on June 1
The financial calendar highlights three upcoming events. The general meeting of shareholders is scheduled for May 27, 2026, followed by the detachment of the dividend on June 1 and payment on June 3. These milestones had been anticipated by the rebound in April and early May, now partly erased: performance stands at -11.74% over three months and -9.06% over a year. In terms of valuation, the consensus of sixteen analysts (updated on May 12, 2026) places Accor at about 19.5 times the earnings for the current fiscal year and 16.3 times those of 2027, compared to 14.5 times for the average of the Consumer Discretionary sector. The expected growth in earnings per share is +19.1% between the two fiscal years. Technically, the support at €40.62 and resistance at €46.43 define the short-term trading range. The next key date for shareholders is the general meeting on May 27.
