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accesso Technology Group's (ACSO) "Hold" Rating Reaffirmed at Shore Capital

accesso Technology Group logo with Computer and Technology background

Key Points

  • Shore Capital has reiterated a "hold" rating for accesso Technology Group (LON:ACSO), indicating a cautious stance on the stock despite its previous performance.
  • Accesso's shares experienced a price target adjustment from Deutsche Bank, lowering it from GBX 700 to GBX 575 but maintaining a "buy" rating, while Berenberg Bank kept a "buy" rating with a target of GBX 550.
  • The company has a market capitalization of £167.66 million and currently trades at GBX 430, with a 12-month price range between GBX 343.71 and GBX 626.
  • MarketBeat previews top five stocks to own in October.

Shore Capital reaffirmed their hold rating on shares of accesso Technology Group (LON:ACSO - Free Report) in a report released on Tuesday, MarketBeat.com reports.

Several other analysts also recently weighed in on ACSO. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 550 target price on shares of accesso Technology Group in a report on Tuesday. Deutsche Bank Aktiengesellschaft lowered their target price on shares of accesso Technology Group from GBX 700 to GBX 575 and set a "buy" rating on the stock in a report on Friday, July 11th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of GBX 562.50.

Read Our Latest Report on ACSO

accesso Technology Group Stock Performance

accesso Technology Group stock traded up GBX 3 during midday trading on Tuesday, hitting GBX 439. 54,743 shares of the company's stock were exchanged, compared to its average volume of 88,424. The stock has a market cap of £171.17 million, a price-to-earnings ratio of 2,011.92, a price-to-earnings-growth ratio of 1.22 and a beta of 1.41. The firm's 50 day simple moving average is GBX 432.84 and its 200 day simple moving average is GBX 460.90. The company has a debt-to-equity ratio of 11.53, a quick ratio of 2.62 and a current ratio of 1.80. accesso Technology Group has a 12-month low of GBX 343.71 and a 12-month high of GBX 626.

accesso Technology Group Company Profile

(Get Free Report)

At accesso we believe technology has the power to redefine the guest experience. We provide solutions that empower our clients to create connected guest experiences to drive their business forward

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