Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Equities
  3. France
  4. Euronext Paris
  5. Accor
  6. News
  7. Summary
    AC   FR0000120404


Real-time Quote. Real-time Euronext Paris - 07/26 11:36:47 am
30.19 EUR   +1.00%
03:48aACCOR : London swings again!
07/23ACCOR : Strengthening our leadership in the leisure segment
07/21ALL CONNECT : a solution to enable seamless physical & virtual meetings worldwide
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

European shares take a breather near two-year highs

11/06/2017 | 12:18pm EDT
A general view shows the trading floor at the stock exchange in Frankfurt

LONDON (Reuters) - 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

ę Reuters 2017
Stocks mentioned in the article
ChangeLast1st jan.
ACCOR 1.00% 30.19 Real-time Quote.1.99%
AMP LIMITED -1.38% 1.075 End-of-day quote.-31.09%
BNP PARIBAS 2.25% 51.71 Real-time Quote.19.96%
DAX -0.32% 15618.98 Delayed Quote.13.85%
DEERE & COMPANY 0.21% 355.46 Delayed Quote.31.83%
DEUTSCHE TELEKOM AG -0.28% 17.834 Delayed Quote.19.25%
IBEX 35 0.67% 8775.2 Delayed Quote.7.97%
MORGAN STANLEY 2.10% 96.54 Delayed Quote.40.87%
PETRÓLEO BRASILEIRO S.A. - PETROBRAS 2.73% 27.47 End-of-day quote.-3.07%
QUALCOMM, INC. -0.95% 143.5 Delayed Quote.-5.80%
ROYAL DUTCH SHELL PLC 2.73% 16.57 Real-time Quote.13.38%
ROYAL VOPAK N.V. 0.76% 38.54 Real-time Quote.-10.35%
SBM OFFSHORE N.V 2.41% 12.305 Real-time Quote.-20.94%
SOCIÉTÉ GÉNÉRALE 1.78% 24.905 Real-time Quote.46.31%
SPRINT CORPORATION 0.00%End-of-day quote.0.00%
STOXX EUROPE 600 -0.08% 461.14 Delayed Quote.15.66%
TULLOW OIL PLC 4.93% 48.56 Delayed Quote.64.17%
All news about ACCOR
03:48aACCOR : London swings again!
07/23ACCOR : Strengthening our leadership in the leisure segment
07/21ALL CONNECT : a solution to enable seamless physical & virtual meetings worldwid..
07/15ACCOR : Design as a Key Element of the Guest Experience
07/06ACCOR : Half-year report on the liquidity contract as of June 30, 2021
06/30ACCOR : Conference call invitation
06/30Ruptub Solutions Private Limited announced that it has received INR 1.18 bill..
06/30ACCOR : Monthly statement on outstanding equity shares and voting rights
06/18REFUGEES : key talent for our teams
06/16ACCOR : The Paris Saint-Germain players are preparing their “summer move&r..
More news
Sales 2021 2 324 M 2 744 M 2 744 M
Net income 2021 -419 M -495 M -495 M
Net Debt 2021 1 913 M 2 258 M 2 258 M
P/E ratio 2021 -21,4x
Yield 2021 0,34%
Capitalization 7 795 M 9 207 M 9 203 M
EV / Sales 2021 4,18x
EV / Sales 2022 2,98x
Nbr of Employees 15 247
Free-Float 73,1%
Duration : Period :
Accor Technical Analysis Chart | AC | FR0000120404 | MarketScreener
Technical analysis trends ACCOR
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus HOLD
Number of Analysts 21
Last Close Price 30,19 €
Average target price 32,70 €
Spread / Average Target 8,30%
EPS Revisions
Managers and Directors
SÚbastien Marie Bazin Chairman & Chief Executive Officer
Jean-Jacques Morin Deputy CEO & Chief Financial Officer
Floor Bleeker Chief Technology Officer
Sophie A. Gasperment Independent Non-Executive Director
Iris Knobloch Vice Chairman
Sector and Competitors