Following the recent acquisition of Ingresso we upgrade our estimates by c10% in 2017. Ingresso owns and operates a software platform which enables sales through global third party distribution channels. This looks another smart acquisition by ACSO who continue to create a more efficient flow in the extremely fragmented leisure and ticketing industry. We increase our T/P to 2000p and upgrade to BUY.
17 Apr 2017
Earnings upgrade following acquisition
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Earnings upgrade following acquisition
accesso Technology Group Plc (ACSO:LON) | 614 0 0.0% | Mkt Cap: 256.0m
- Published:
17 Apr 2017 -
Author:
Christopher Furness -
Pages:
4
Following the recent acquisition of Ingresso we upgrade our estimates by c10% in 2017. Ingresso owns and operates a software platform which enables sales through global third party distribution channels. This looks another smart acquisition by ACSO who continue to create a more efficient flow in the extremely fragmented leisure and ticketing industry. We increase our T/P to 2000p and upgrade to BUY.