In a report released today, Greg Gibas from Northland Securities maintained a Buy rating on Accel Entertainment (ACEL – Research Report), with a price target of $12.00. The company’s shares closed last Thursday at $9.68.
According to TipRanks.com, Gibas is a 4-star analyst with an average return of 5.7% and a 50.9% success rate. Gibas covers the Financial sector, focusing on stocks such as AYR Strategies, KLDiscovery, and DraftKings.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Accel Entertainment with a $11.50 average price target.
The company has a one-year high of $13.35 and a one-year low of $5.22. Currently, Accel Entertainment has an average volume of 358.6K.
Based on the recent corporate insider activity of 23 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ACEL in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Accel Entertainment, Inc. engages in the installation and operation of video gaming terminals in licensed video gaming locations. It also operates redemption terminals. The company was founded on December 8, 2010 and is headquartered in Burr Ridge, IL.