accesso Technology Group (LON:ACSO) Earns Buy Rating from Berenberg Bank

accesso Technology Group (LON:ACSO)‘s stock had its “buy” rating reiterated by analysts at Berenberg Bank in a report released on Monday,London Stock Exchange reports. They currently have a GBX 550 price objective on the stock. Berenberg Bank’s target price would indicate a potential upside of 118.25% from the stock’s previous close.

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

accesso Technology Group Price Performance

LON:ACSO traded up GBX 11 during trading hours on Monday, reaching GBX 252. 134,564 shares of the company traded hands, compared to its average volume of 119,201. The company has a debt-to-equity ratio of 5.80, a current ratio of 1.88 and a quick ratio of 2.62. The firm’s 50-day moving average is GBX 262.73 and its 200-day moving average is GBX 325.40. The stock has a market cap of £93.63 million, a P/E ratio of 10.23, a P/E/G ratio of 1.22 and a beta of 0.58. accesso Technology Group has a 1-year low of GBX 237 and a 1-year high of GBX 550.

Insider Activity

In other news, insider Matthew Boyle sold 10,834 shares of the company’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of GBX 265, for a total transaction of £28,710.10. Corporate insiders own 36.50% of the company’s stock.

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