Wall Street Analysts Predict a 27.34% Upside in Accel Entertainment (ACEL): Here's What You Should Know

Group 1 - The core viewpoint is that Accel Entertainment (ACEL) has significant upside potential, with a mean price target of $14.67 indicating a 27.3$11.52 [1] - Analysts have set short-term price targets ranging from $14 to$15, with the lowest estimate suggesting a 21.5% increase and the highest indicating a 30.2% upside, alongside a standard deviation of $0.58, reflecting a consensus among analysts [2] - There is a growing optimism regarding ACEL's earnings prospects, as indicated by a 6% increase in the Zacks Consensus Estimate over the past month, with two estimates revised higher and no negative revisions [10][11] Group 2 - The Zacks Rank for ACEL is 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, suggesting a strong potential for near-term upside [11] - Analysts' agreement on higher earnings estimates is a strong indicator of potential stock price movements, as empirical research shows a correlation between earnings estimate revisions and stock price trends [9]