Wells Fargo Believes Acxiom Corp (ACXM) Still Has Room to Grow

In a report released today, William Warmington from Wells Fargo maintained a Buy rating on Acxiom Corp (NASDAQ: ACXM). The company’s shares opened today at $49.41, close to its 52-week high of $51.51.

According to TipRanks.com, Warmington is a 4-star analyst with an average return of 18.7% and a 78.9% success rate. Warmington covers the Services sector, focusing on stocks such as Factset Research, Houghton Mifflin, and Moody’s Corp.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Acxiom Corp with a $51.33 average price target, representing a 3.9% upside. In a report issued on September 20, BMO Capital also maintained a Buy rating on the stock with a $57 price target.


See today’s analyst top recommended stocks >>

Acxiom Corp’s market cap is currently $3.78B and has a P/E ratio of 190.04. The company has a Price to Book ratio of 5.28.

Based on the recent corporate insider activity of 100 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Acxiom Holdings, Inc. 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.