UBS Remains a Buy on Accent Group Ltd (AX1)
UBS analyst Shaun Cousins maintained a Buy rating on Accent Group Ltd (AX1 – Research Report) today and set a price target of A$1.80. The company's shares closed yesterday at A$1.30.
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Cousins covers the Consumer Cyclical sector, focusing on stocks such as Lovisa Holdings Ltd., Wesfarmers Limited, and Accent Group Ltd. According to TipRanks, Cousins has an average return of 1.3% and a 50.56% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Accent Group Ltd with a A$1.94 average price target, a 49.23% upside from current levels. In a report released on June 17, Citi also maintained a Buy rating on the stock with a A$1.67 price target.
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