On Thursday, Accor shares posted one of the biggest rises in the SBF 120 index, boosted by an upgrade by Barclays analysts, who say they see many positive elements surrounding the stock.

After a conversation with the hotel group's CFO, the professionals decided to raise their recommendation to 'weight in line' from 'underweight', with a target raised from 21 to 29 euros.

Accor's prospects for the next 12 months have changed considerably in recent months", write the specialists in a research note issued this morning.

Barclays believes that Accor's share price should be supported in the short term by an upward revision of market forecasts and by positive surprises in shareholder remuneration, with potential share buybacks of 500 million euros.

At 9:25 a.m., Accor shares were up 1.5%, while the SBF was losing 0.5% at the same time.

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