Accor, FR0000120404

Barclays cuts target for Accor stock to EUR 54.00

Published on 10/07/2026 at 10:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Accor reported EUR 2.76 billion revenue in first half of 2026, up 3.00 percent. Accor stock was EUR 44.48 on October 7, 2026 versus EUR 44.68.

Isometrische 3D-Illustration einer Hotel-Wertschöpfungskette mit vier Stationen — Isometrische 3D-Grafik der Wertschöpfungskette illustriert das Geschäftsmodell von Accor S.A., Aktie mit ISIN FR0000120404, Illustration mit AI erstellt.

Accor stock (ISIN FR0000120404) was trading at EUR 44.48 at Lang & Schwarz on October 7, 2026 at 10:30 a.m. CEST, down 0.45 percent versus the prior close of EUR 44.68. According to BFM Bourse on October 1, 2026, Barclays cut its Accor price target from EUR 55.00 to EUR 54.00 while keeping an overweight rating.

Revenue grows despite regional pressure

Accor reported EUR 2.76 billion revenue in the first half of 2026, up 3.00 percent at constant currency and up 4.80 percent on a like-for-like basis after scope adjustments. The comparison matters because reported growth was 0.60 percent after foreign-exchange and scope effects.

According to Yahoo Finance, recurring free cash flow reached EUR 194.0 million in the first half, up 42.00 percent from the prior year. Recurring EBITDA guidance for fiscal 2026 stands between EUR 1.260 billion and EUR 1.285 billion.

Buyback meets heavier short interest

Accor launched a EUR 225.0 million share buyback program on July 30, 2026, and EUR 54.0 million had been repurchased by October 2, 2026, according to Ideal Investisseur. The same report put declared net short positions at 2.60 percent of capital, up from 1.50 percent thirty days earlier.

For investors, the contrast is clear: capital is being returned while short positioning has increased. The first-half cash flow growth and the buyback provide measurable support, but the EUR 54.00 Barclays target remains 21.49 percent above the Lang & Schwarz price, calculated against EUR 44.48.

Next results date is October 22

Accor's finance page schedules the third-quarter 2026 results for October 22, 2026 at 6:00 p.m. Paris time, according to Accor. That release will offer the next quantified test of the 2.00 percent to 2.50 percent full-year RevPAR growth outlook and the EUR 1.260 billion to EUR 1.285 billion recurring EBITDA range.

Stock remains below its yearly high

Accor was trading at EUR 44.48 at Lang & Schwarz on October 7, 2026 at 10:30 a.m. CEST, down 0.45 percent versus the prior close of EUR 44.68. The price is 14.46 percent below the EUR 52.00 52-week high and 18.49 percent above the EUR 37.54 52-week low. The further course of trading is shown by the continuously updated real-time quote of Accor stock.