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Analysts Offer Insights on Conglomerates Companies: ACCO Brands (ACCO) and Euroseas (ESEA)

There’s a lot to be optimistic about in the Conglomerates sector as 2 analysts just weighed in on ACCO Brands (ACCOResearch Report) and Euroseas (ESEAResearch Report) with bullish sentiments.

ACCO Brands (ACCO)

Noble Financial analyst Joe Gomes maintained a Buy rating on ACCO Brands today and set a price target of $12.00. The company’s shares closed last Tuesday at $8.42.

According to TipRanks.com, Gomes is a 5-star analyst with an average return of 16.4% and a 46.0% success rate. Gomes covers the Technology sector, focusing on stocks such as Comtech Telecommunications, Voyager Digital (Canada), and Kratos Defense.

The the analyst consensus on ACCO Brands is currently a Hold rating.

See Insiders’ Hot Stocks on TipRanks >>

Euroseas (ESEA)

In a report released today, Poe Fratt from Noble Financial maintained a Buy rating on Euroseas, with a price target of $49.00. The company’s shares closed last Tuesday at $31.26.

According to TipRanks.com, Fratt is a top 100 analyst with an average return of 42.8% and a 56.2% success rate. Fratt covers the Industrial Goods sector, focusing on stocks such as Grindrod Shipping Holdings, Great Lakes Dredge & Dock, and Orion Group Holdings.

Currently, the analyst consensus on Euroseas is a Moderate Buy with an average price target of $51.50, which is a 59.3% upside from current levels. In a report issued on February 3, Maxim Group also maintained a Buy rating on the stock with a $54.00 price target.

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