Stock To Watch: Acco Brands Corporation (NYSE:ACCO)


The leading market experts have placed a mean price target of $11.33 on Acco Brands Corporation (NYSE:ACCO) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.31 a share for the upcoming quarter and $0.83 for the current fiscal. Technical View The technical analysis of Acco Brands Corporation Common plainly substantiates that the 50-day moving average of Acco Brands Corporation Common is $10.63, and stock is hovering -0.63 or -5.92% distant from $10.63. It is noted that the 200-day MA is $8.95, and Acco Brands Corporation Common stock is $1.05 or +11.72% off from this point. Acco Brands Corporation (NYSE:ACCO) 52-week high is $11.75 and the 52-week low is $5.47. This explains if the stock moves $-1.75, it will post a 52-week high. In event of $+82.82% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Acco Brands Corporation Common , shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Acco Brands Corporation (NYSE:ACCO) ratio came in at 8.29. The stock last ended the trading session at $10.00 and registered a market cap of $1.07B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Acco Brands Corporation (NYSE:ACCO) PEG ratio is at 1.18.

1 Chart Pattern Every Investor Should Know

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