(Boursier.com) — Accor lost 1% to 41.80 euros this Friday morning, despite BNP Paribas Exane which is ‘outperforming’ on the hotel group with an adjusted target of 44 to 48 euros. Jefferies, which had previously reverted to buying, had already raised its target from 30 to 47 euros. The broker had even designated the French group as its “first choice” in the hotel and travel sector in Europe… Accor should experience faster growth than IHG this year due to its exposure to Asia and the Middle East and benefits from additional ‘protection’ against a possible decline thanks to Ibis (40% of rooms) and event demand. Additionally, the stock trades at a ~21% discount to IHG, despite a similar EPS growth profile. Bernstein (‘outperform’) had, for his part, revalued the file from 42 to 46 euros. The stock has gained 22% since January 1…
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