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Northland Securities Stick to Their Buy Rating for Accel Entertainment

Published 10/15/2020, 07:05 AM
Updated 10/15/2020, 07:05 AM


Northland Securities analyst Greg Gibas maintained a Buy rating on Accel Entertainment (NYSE:ACEL) on Thursday, setting a price target of $15, which is approximately 39.41% above the present share price of $10.76.

Gibas expects Accel Entertainment to post earnings per share (EPS) of -$0.27 for the fourth quarter of 2020.

The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in Accel Entertainment, with an average price target of $14.67.
The analysts price targets range from a high of $16 to a low of $13.

In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $379 thousand and a net profit of -$23.84 million. The company's market cap is $1.03 billion.

According to TipRanks.com, Northland Securities analyst Greg Gibas is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 38.8% and a 62.67% success rate.

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.

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