Peel Hunt Cuts Accesso Technology Group (ACSO) Price Target to GBX 2,100

Accesso Technology Group (LON:ACSO) had its price target dropped by equities research analysts at Peel Hunt from GBX 3,100 ($40.51) to GBX 2,100 ($27.44) in a research report issued on Monday. The firm presently has a “buy” rating on the stock. Peel Hunt’s target price indicates a potential upside of 57.30% from the stock’s previous close.

Separately, Numis Securities initiated coverage on shares of Accesso Technology Group in a research report on Wednesday, October 17th. They set an “add” rating and a GBX 3,175 ($41.49) price objective for the company.

ACSO stock opened at GBX 1,335 ($17.44) on Monday. Accesso Technology Group has a one year low of GBX 1,550 ($20.25) and a one year high of GBX 2,385 ($31.16).

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.

Further Reading: What is a stock buyback?

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