Accel Entertainment (NYSE:ACEL) PT Raised to $13.00 at Deutsche Bank

Accel Entertainment (NYSE:ACEL) had its target price hoisted by analysts at Deutsche Bank from $11.00 to $13.00 in a research report issued to clients and investors on Tuesday, Stock Target Advisor reports. The brokerage currently has a “hold” rating on the stock. Deutsche Bank’s price objective indicates a potential downside of 8.71% from the company’s previous close.

Shares of ACEL stock opened at $14.24 on Tuesday. Accel Entertainment has a twelve month low of $5.22 and a twelve month high of $15.11. The firm has a market capitalization of $1.17 billion, a price-to-earnings ratio of -26.37 and a beta of 1.28. The company has a debt-to-equity ratio of 5.85, a current ratio of 3.56 and a quick ratio of 3.56.

Accel Entertainment (NYSE:ACEL) last issued its earnings results on Thursday, August 6th. The company reported ($0.17) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.21) by $0.04. The firm had revenue of $0.38 million during the quarter, compared to analysts’ expectations of $7.23 million. As a group, equities analysts forecast that Accel Entertainment will post 0.04 EPS for the current year.

Accel Entertainment Company Profile

Accel Entertainment, Inc engages in distributed gaming operations in the United States. It is involved in the installation, maintenance, and operation of video gaming terminals, slot machines, and redemption devices that disburse winnings and contain ATM functionality, as well as other amusement devices, such as jukeboxes, dartboards, pool tables, pinball machines, and other related entertainment equipment in authorized non- casino locations comprising restaurants, bars, taverns, convenience stores, liquor stores, truck stops, and grocery stores.

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