Accor, FR0000120404

Citi raises Accor stock target to EUR 64 before results

Published on 10/21/2026 at 11:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Accor reports Q3 2026 results on October 22. Accor stock costs EUR 46.62 on October 21, 2026 versus Citi's EUR 64.00 target.

Capital returns and hotel growth

Citi lifted its Accor target to EUR 64.00 on October 21, 2026.
First-half revenue reached EUR 2.76 billion, while recurring EBITDA totaled EUR 563 million.
Accor stock traded at EUR 46.62 at 11:07 a.m. CEST at Lang & Schwarz on October 21, 2026.

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Accor stock was trading at EUR 46.62 at Lang & Schwarz on October 21, 2026, while Citi raised its price target from EUR 61.00 to EUR 64.00. Zonebourse reported the target increase on October 21, 2026, keeping Citi's Buy view in place.

Target rises before quarterly results

The timing puts the analyst action directly ahead of Accor's third-quarter update. Accor's finance page schedules publication for October 22, 2026, at 6:00 p.m. Paris time, giving investors a near-term test for the assumptions behind the new EUR 64.00 target. The date is confirmed by Accor.

What supports the valuation?

Accor entered the results date with first-half 2026 revenue of EUR 2.76 billion, up 3.00 percent at constant currency. Recurring EBITDA reached EUR 563 million, up 6.50 percent at constant currency, while adjusted earnings per share were EUR 0.83 and flat versus the prior year, according to the Yahoo Finance transcript published for the July 30, 2026 earnings call. Management's recurring EBITDA outlook stood at EUR 1.260 billion to EUR 1.285 billion for fiscal year 2026.

Three dates shaped the stock

On July 30, 2026, Accor presented first-half revenue of EUR 2.76 billion and recurring EBITDA of EUR 563 million. On September 2, 2026, the group launched EUR 380 million of convertible bonds, as reported by Boursorama. On October 21, 2026, Citi lifted its target to EUR 64.00, the latest event in this sequence.

When are the next dates?

The next scheduled event is Accor's third-quarter 2026 results on October 22, 2026. The fiscal-year 2026 results are scheduled for February 25, 2027, according to Barrons.

Stock meets a near-term test

The upcoming report will show whether operating growth and the EUR 1.260 billion to EUR 1.285 billion recurring EBITDA outlook can support the higher analyst valuation. Accor's development pipeline also included 23 Dominican Republic hotel projects representing 6,000 keys on October 20, 2026, according to Accor. That combination of operating delivery and expansion remains central to the valuation discussion.

Accor stock was trading at EUR 46.62 at Lang & Schwarz on October 21, 2026 at 11:07 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Accor stock.