Analyst Price Target is GBX 100
▲ +62.61% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Accsys Technologies in the last 3 months. The average price target is GBX 100, with a high forecast of GBX 100 and a low forecast of GBX 100. The average price target represents a 62.61% upside from the last price of GBX 61.50.
Current Consensus is
Buy
The current consensus among 1 polled investment analysts is to buy stock in Accsys Technologies.
Accsys is a fast growing business with a purpose.
We combine chemistry, technology and ingenuity to make high performance wood products that are extremely durable and stable, opening new opportunities for the built environment.
By doing so, we give the world a choice to build sustainably.
We use fast growing, sustainably sourced timber to create long life wood products with properties that can compete with traditional non-sustainable building materials, such as tropical hardwoods, metal, plastic and concrete.
Our acetylation process boosts the already naturally occurring acetyl content of wood and by doing so, reduces the ability of the wood to absorb water, rendering it more dimensionally stable and because it is no longer digestible, extremely durable.
Our process is extremely efficient and locks carbon into a long-life product.
Our main products, which we manufacture and own the proprietary production rights for, are Accoya® solid acetylated wood and Tricoya® acetylated wood elements for use in MDF panel manufacture.
Both are suitable for public and domestic use, exterior and interior, are made from sustainable wood, and have better performance and characteristics than hardwoods, plastics and aluminium. You can currently see our products most often in joinery/millwork (windows and doors), cladding/siding, and decking.
We are committed to a more sustainable world, and use abundantly available, FSC® certified wood species. Our products have many eco-label certifications, including Cradle to Cradle Certified™ Gold for Accoya®.
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