Accenture plc – Consensus Indicates Potential 15.3% Upside

Broker Ratings

Accenture plc found using ticker (ACN) have now 23 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 415 and 340 and has a mean target at 376.3. Given that the stocks previous close was at 326.25 this would indicate that there is a potential upside of 15.3%. There is a 50 day moving average of 334.05 and the 200 day moving average is 305.71. The company has a market capitalisation of $205,706m. Company Website: http://www.accenture.com

Accenture plc, a professional services company, provides strategy and consulting, interactive, and technology and operations services worldwide. The company also provides outsourcing services. It serves communications, media, high tech, software, and platform companies; banking, capital market, and insurance industries; and consumer goods, retail, travel services, industrial, and life science industries, as well as clients in health, public service, chemicals and natural resources, energy, and utility sectors. Accenture plc has alliance relationships with Adobe, Alibaba, Amazon Web Services, Blue Yonder, Cisco, Dell, Google, HPE, IBM RedHat, Microsoft, Oracle, Pegasystems, Salesforce, SAP, ServiceNow, VMWare, Workday, Massachusetts Institute of Technology, Institut Polytechnique de Paris, CNH Industrial, and Reactive Technologies. It has an agreement with Duke Energy Corporation for the development of a technology platform designed to measure actual baseline methane emissions from natural gas distribution systems. The company was incorporated in 2009 and is based in Dublin, Ireland.

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