Accelevation Holdings Corp. (NASDAQ:ACCV) Stock Has Consensus Target Price of $19.33

Shares of Accelevation Holdings Corp. (NASDAQ:ACCV) have been given an average rating of “Moderate Buy” by the nine analysts that are covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $19.43.

ACCV has been the topic of several recent research reports. Morgan Stanley assumed coverage on Accelevation in a research report on Monday, October 26th. They issued an “equal weight” rating and a $18.00 price target on the stock. William Blair set a $20.00 price target on Accelevation in a report on Monday, October 26th. Zacks Research assumed coverage on Accelevation in a report on Tuesday, October 27th. They issued a “hold” rating for the company. Robert W. Baird initiated coverage on shares of Accelevation in a research report on Monday, October 26th. They set an “outperform” rating and a $16.00 target price on the stock. Finally, Bank of America began coverage on shares of Accelevation in a report on Monday, October 26th. They set a “buy” rating and a $20.00 price target on the stock.

Insider Activity

In related news, Director Howard C. Heckes acquired 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 1st. The shares were bought at an average cost of $18.00 per share, for a total transaction of $90,000.00. Following the purchase, the director owned 5,000 shares in the company, valued at $90,000. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Michael Rubiera bought 200,000 shares of the stock in a transaction on Thursday, October 1st. The stock was purchased at an average price of $18.00 per share, for a total transaction of $3,600,000.00. Following the completion of the purchase, the chief executive officer directly owned 1,424,285 shares in the company, valued at approximately $25,637,130. This represents a 16.34% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders bought 227,700 shares of company stock worth $4,098,600.

Accelevation Price Performance

Shares of ACCV stock opened at $14.48 on Monday. Accelevation has a 12 month low of $11.58 and a 12 month high of $18.10.

Accelevation Company Profile

Accelevation Holdings Corp. designs, manufactures and installs customized structural, electrical and mechanical systems for mission-critical infrastructure.