Accesso Technology Group (LON:ACSO) Receives Buy Rating from Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of Accesso Technology Group (LON:ACSO) in a research report report published on Wednesday, Digital Look reports. Peel Hunt currently has a GBX 1,145 ($14.96) target price on the stock.

A number of other equities analysts have also recently issued reports on ACSO. Numis Securities raised shares of Accesso Technology Group to a buy rating and set a GBX 1,400 ($18.29) target price on the stock in a report on Wednesday, March 27th. Berenberg Bank cut their target price on shares of Accesso Technology Group from GBX 3,000 ($39.20) to GBX 1,400 ($18.29) and set a buy rating on the stock in a report on Thursday, March 28th. Finally, Canaccord Genuity raised shares of Accesso Technology Group to a buy rating and cut their target price for the stock from GBX 3,000 ($39.20) to GBX 1,400 ($18.29) in a report on Thursday, March 28th.

Shares of LON ACSO opened at GBX 710 ($9.28) on Wednesday. The company has a current ratio of 1.23, a quick ratio of 1.13 and a debt-to-equity ratio of 11.15. Accesso Technology Group has a 52-week low of GBX 700 ($9.15) and a 52-week high of GBX 3,000 ($39.20). The stock has a market capitalization of $193.15 million and a price-to-earnings ratio of 60.68.

In other Accesso Technology Group news, insider Royce Paul Noland bought 6,000 shares of the business’s stock in a transaction on Thursday, April 4th. The shares were purchased at an average price of GBX 980 ($12.81) per share, with a total value of £58,800 ($76,832.61). Also, insider Karen Slatford bought 11,835 shares of the business’s stock in a transaction on Friday, March 29th. The stock was acquired at an average cost of GBX 845 ($11.04) per share, for a total transaction of £100,005.75 ($130,675.23). Insiders acquired 27,835 shares of company stock worth $24,510,575 in the last three months.

Accesso Technology Group Company Profile

accesso Technology Group plc, together with its subsidiaries, develops technology solutions for the attractions and leisure industry in the United Kingdom, other European countries, Australia, the South Pacific, the United States, Canada, and Central and South America. It offers queuing and ticketing solutions for various paid admission operations ranging from theme parks, water parks, zoos, and ski resorts to cultural attractions and sporting events.

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