They are based on the entry level Anschutz 64 bolt action and can be amazingly accurate with the right match grade ammo.
I have two 64LPs and a couple of Anschutz Exemplars which are also based on the 64 action and in stock form with the correct ammo preference will easily group under ½” at 50 or 1 ¼” at 100 in good conditions. One of them averages in the low .3”s at 50 and around ¾” at 100. YMMV depending on bedding or how well the magazine feeds its rounds into the chamber. It’s also a little trickier to bench a pistol vs a rifle.
They are very popular in IHMSA pistol silhouette and dominate the firing line in the “Unlimited” category. I’ve seen them sell for as little as $300 on up to about $500.