JPMorgan is bullish on European hotel stocks, upgrades 2 names By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 29 2024
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Source: Investing.com
JPMorgan's Bullish Outlook: Analysts at JPMorgan have upgraded European hotel stocks, specifically Accor and Whitbread, to "overweight" due to strong fundamentals and positive market trends, indicating a favorable outlook for the sector as travel demand normalizes.
Strategic Advantages of Upgraded Stocks: Accor is expected to benefit from its diverse geographic presence and focus on high-end segments, while Whitbread's disciplined capital allocation and asset growth program enhance its profitability, contrasting with a cautious stance on InterContinental Hotels Group due to high valuations.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
