Impact of Brokerage Rating on Acco Brands Corporation(ACCO)

Many Acco Brands Corporation(ACCO) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. ACCO Brands Corporation was Initiated by BWS Financial on Jan 25, 2017 to Buy, Price Target of the shares are set at $18.

Company has reported several Insider transactions to the SEC, on Nov 23, 2016, Neal V Fenwick (Executive VP and CFO) sold 12,500 shares at 12.59 per share price.On Nov 22, 2016, Mark C Anderson (Sr VP, Corporate Development) sold 94,136 shares at 12.17 per share price.On Aug 4, 2015, Gregory J. Mccormack (Sr. Vice Pres, Global Products) sold 29,254 shares at 7.72 per share price.

ACCO Brands Corporation Last issued its quarterly earnings results on Oct 24, 2016. The company reported $0.29 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.28. The company had revenue of $431.30 million for the quarter, compared to analysts expectations of $432.25 million. The companys revenue was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.28 EPS.

Acco Brands Corporation (NYSE:ACCO) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.25 by 4 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 2 Brokerage Firms have advised hold.

Acco Brands Corporation (NYSE:ACCO): The mean short term price target for Acco Brands Corporation (NYSE:ACCO) has been established at $15 per share. The higher price target estimate is at $18 and the lower price target estimate is expected at $12 according to 3 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $3

Acco Brands Corporation (NYSE:ACCO) rose 1.16% or 0.15 points on Tuesday and made its way into the gainers of the day. After trading began at $12.8 the stock was seen hitting $13.325 as a peak level and $12.7 as the lowest level. The stock ended up at $13.05. The daily volume was measured at 622,585 shares. The 52-week high of the share price is $13.995 and the 52-week low is $6.68. The company has a market cap of $1,399 million.

ACCO Brands Corporation is a world leader in branded office products. Its industry-leading brands include Swingline, Kensington, Wilson Jones, Quartet, GBC, and Day-Timer, among others. Under the GBC brand, the Company is also a leader in the professional printing market.

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