accesso Technology Group (LON:ACSO) Given Buy Rating at Berenberg Bank

Key Points

• Berenberg Bank reiterated a Buy rating on accesso with a GBX 550 price target, implying about a 118.25% upside from the prior close.
• The stock has an analyst consensus of Buy (4 analysts) with a consensus target of GBX 520; shares recently traded at GBX 252 and the company has a market cap of £93.63m and a P/E of 10.23.
• Insiders own 36.5% of the company, though insider Matthew Boyle sold 10,834 shares at GBX 265 on Feb 4.

accesso Technology Group (LON:ACSO - Get Free Report)'s stock had its "buy" rating reiterated by equities research analysts at Berenberg Bank in a research report issued on Monday,London Stock Exchange reports. They currently have a GBX 550 price target on the stock. Berenberg Bank's target price indicates a potential upside of 118.25% from the stock's previous close.

ACSO has been the topic of a number of other research reports. Peel Hunt reaffirmed an "add" rating and set a GBX 435 target price on shares of accesso Technology Group in a research note on Monday, January 5th. Shore Capital Group raised shares of accesso Technology Group to a "buy" rating in a research report on Thursday, January 29th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of GBX 520.

accesso Technology Group Price Performance

LON ACSO traded up GBX 11 on Monday, hitting GBX 252. The company had a trading volume of 134,564 shares, compared to its average volume of 119,201. The company has a market capitalization of £93.63 million, a PE ratio of 10.23, a PEG ratio of 1.22 and a beta of 0.58. The company's fifty day moving average price is GBX 262.73 and its 200-day moving average price is GBX 325.40. The company has a debt-to-equity ratio of 5.80, a current ratio of 1.88 and a quick ratio of 2.62. accesso Technology Group has a 12-month low of GBX 237 and a 12-month high of GBX 550.

Insider Activity

In related news, insider Matthew Boyle sold 10,834 shares of the company's stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of GBX 265, for a total value of £28,710.10. Insiders own 36.50% of the company's stock.

About accesso Technology Group

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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