accesso’s share price is up over 45% since the Brexit vote, reflecting the company’s US exposure, the earnings security provided by a high level of repeat income and the absence of any adverse trading conditions in its major trading geographies. We have revisited our valuation methodology to see if there is any support for further gains and, while we find scope to increase our target price from 1280p to 1579p, we struggle to find justification for the share price to move much higher in the absen ....
24 Aug 2016
N+1 Singer - accesso Technology - Strong performer post Brexit, but now looking fully valued
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N+1 Singer - accesso Technology - Strong performer post Brexit, but now looking fully valued
accesso Technology Group Plc (ACSO:LON) | 534 21.3 0.8% | Mkt Cap: 222.3m
- Published:
24 Aug 2016 -
Author:
N+1 Singer Team -
Pages:
3
accesso’s share price is up over 45% since the Brexit vote, reflecting the company’s US exposure, the earnings security provided by a high level of repeat income and the absence of any adverse trading conditions in its major trading geographies. We have revisited our valuation methodology to see if there is any support for further gains and, while we find scope to increase our target price from 1280p to 1579p, we struggle to find justification for the share price to move much higher in the absen ....