accesso Technology Group (LON:ACSO) Receives Hold Rating from Shore Capital

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.

accesso Technology Group (LON:ACSO - Get Free Report)'s stock had its "hold" rating restated by Shore Capital in a note issued to investors on Thursday, Marketbeat.com reports.

Several other analysts have also recently commented on ACSO. Deutsche Bank Aktiengesellschaft dropped their price target on accesso Technology Group from GBX 700 ($9.35) to GBX 575 ($7.68) and set a "buy" rating for the company in a research report on Friday, July 11th. Berenberg Bank dropped their price target on accesso Technology Group from GBX 775 ($10.35) to GBX 550 ($7.35) and set a "buy" rating for the company in a research report on Friday, July 11th.

accesso Technology Group Stock Down 1.0%

accesso Technology Group stock opened at GBX 435.50 ($5.82) on Thursday. The stock has a market capitalization of £217.10 million, a PE ratio of 25.42, a price-to-earnings-growth ratio of 1.22 and a beta of 1.41. accesso Technology Group has a 12 month low of GBX 343.71 ($4.59) and a 12 month high of GBX 706 ($9.43). The business has a 50 day simple moving average of GBX 480.32 and a 200-day simple moving average of GBX 474.32. 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 Company Profile

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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