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Shore Capital Reiterates Hold Rating for accesso Technology Group (LON:ACSO)

accesso Technology Group logo with Computer and Technology background

Key Points

  • Shore Capital has reiterated a "hold" rating for accesso Technology Group (LON:ACSO), reflecting market caution.
  • Deutsche Bank and Berenberg Bank reduced their price targets for the company, with targets now set at GBX 575 and GBX 550, respectively, while both maintain a "buy" rating.
  • As of the latest trading, accesso's stock is down 1.0% to GBX 435.50, with a market capitalization of £217.10 million.
  • MarketBeat previews the top five stocks to own by October 1st.

Shore Capital restated their hold rating on shares of accesso Technology Group (LON:ACSO - Free Report) in a report published on Thursday, Marketbeat reports.

A number of other brokerages have also weighed in on ACSO. Berenberg Bank cut their price objective on accesso Technology Group from GBX 775 ($10.42) to GBX 550 ($7.39) and set a "buy" rating for the company in a research report on Friday, July 11th. Deutsche Bank Aktiengesellschaft cut their price objective on accesso Technology Group from GBX 700 ($9.41) to GBX 575 ($7.73) and set a "buy" rating for the company in a research report on Friday, July 11th.

Check Out Our Latest Report on accesso Technology Group

accesso Technology Group Price Performance

Shares of accesso Technology Group stock traded down GBX 1 ($0.01) during trading on Thursday, reaching GBX 439 ($5.90). 65,058 shares of the stock traded hands, compared to its average volume of 92,409. The company has a market capitalization of £218.84 million, a price-to-earnings ratio of 25.62, a P/E/G ratio of 1.22 and a beta of 1.41. The business has a fifty day simple moving average of GBX 477.84 and a two-hundred day simple moving average of GBX 473.29. The company has a debt-to-equity ratio of 11.53, a current ratio of 1.80 and a quick ratio of 2.62. accesso Technology Group has a 52-week low of GBX 343.71 ($4.62) and a 52-week high of GBX 706 ($9.49).

About accesso Technology Group

(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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