ACCO Brands, the Industrials sector company, was revisited by a Wall Street analyst today. Analyst Kevin Steinke from Barrington maintained a Buy rating on the stock and has a $6.00 price target.
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Kevin Steinke has given his Buy rating due to a combination of factors that reflect ACCO Brands’ strategic positioning and operational resilience. Despite a decline in sales during Q3/25, which were impacted by macroeconomic uncertainties and a challenging demand environment, the company managed to maintain its adjusted EPS within guidance. This was achieved through strong operational discipline and a successful cost reduction program that has already generated significant savings.
Additionally, ACCO Brands has affirmed its full-year guidance for 2025, indicating confidence in its ability to navigate the current economic landscape. The company’s restructuring efforts, which have already resulted in substantial cost savings, are expected to continue yielding benefits, further enhancing its financial performance. The anticipated adjusted free cash flow and a manageable leverage ratio by the end of 2025 also contribute to the positive outlook, supporting the Buy rating as ACCO is well-positioned for future growth.
In another report released on November 3, Noble Financial also maintained a Buy rating on the stock with a $9.00 price target.