ACCO Brands (ACCO) Gets a Buy Rating from Noble Financial


Noble Financial analyst Joe Gomes maintained a Buy rating on ACCO Brands (ACCO) on January 6 and set a price target of $14.00. The company’s shares closed last Monday at $8.87.

According to TipRanks.com, Gomes is a 3-star analyst with an average return of 5.3% and a 51.0% success rate. Gomes covers the Services sector, focusing on stocks such as Information Services Group, Kelly Services, and DLH Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for ACCO Brands with a $13.00 average price target.

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Based on ACCO Brands’ latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $28 million. In comparison, last year the company had a net profit of $35 million.

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