In a report issued on July 3, Daniel Salmon from BMO Capital reiterated a Buy rating on Acxiom Corp (NASDAQ: ACXM), with a price target of $42. The company’s shares closed on Tuesday at $39.45, close to its 52-week high of $39.88.
According to TipRanks.com, Salmon is a 5-star analyst with an average return of 17.9% and a 73.2% success rate. Salmon covers the Services sector, focusing on stocks such as Nielsen Holdings, Pandora Media, and Walt Disney.
Currently, the analyst consensus on Acxiom Corp is a Moderate Buy with an average price target of $37, a -6.2% downside from current levels. In a report issued on July 3, Wells Fargo also reiterated a Buy rating on the stock with a $41 price target.
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Acxiom Corp’s market cap is currently $3.07B and has a P/E ratio of 140.89. The company has a Price to Book ratio of 4.10.
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Acxiom Corp. is a global technology and enablement services company, which engages in marketing database and business intelligence development. It operates through the following segments: Connectivity, Audience Solutions, and Marketing Services. The Connectivity segment activates data and makes it portable across the open marketing ecosystem.
