Zacks: Brokerages Set $13.50 Target Price for Accel Entertainment (NASDAQ:ACEL)

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Accel Entertainment (NASDAQ:ACEL) has received an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.

Analysts have set a one year consensus price target of $13.50 for the company and are predicting that the company will post $0.10 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Accel Entertainment an industry rank of 205 out of 255 based on the ratings given to related companies.

Separately, Northland Securities reaffirmed a “buy” rating and issued a $13.50 price target on shares of Accel Entertainment in a report on Wednesday, November 27th.

Shares of ACEL stock opened at $10.95 on Friday. Accel Entertainment has a fifty-two week low of $9.98 and a fifty-two week high of $11.30.

Accel Entertainment (NASDAQ:ACEL) last issued its quarterly earnings results on Friday, November 1st. The company reported ($0.06) earnings per share for the quarter.

About Accel Entertainment

Accel Entertainment, Inc does not have significant operations. It intends to acquire assets or businesses through a merger, share exchange, share purchase, reorganization, or similar business combination. The company was founded in 2017 and is based in Fort Worth, Texas.

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