Deutsche Bank has initiated coverage of Accesso Technology Group PLC (AIM:ACSO, OTC:LOQPF) with a 'buy' rating and a 1,000p price target, saying that it expects demand for its products to 'remain healthy'.
Accesso is a specialist ticketing, e-commerce, point-of-sale, virtual queueing, food and retail, and experience-management technology software and solutions that are used at over 1,200 venues worldwide.
In a note, it said: "Its client list includes the largest theme park operators in the world, as well as ski resorts, museums and key attractions, among others. These systems are mission-critical and key to the digital transformation of processes. We believe demand will remain healthy."
In afternoon trading, Accesso shares were treading water at 704p.