Accenture plc. (ACN) : Traders are bullish on Accenture plc. (ACN) as it has outperformed the S&P 500 by a wide margin of 2.33% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.58%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.9% in the last 1 week, and is up 2.12% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 1.48% and the fifty day Moving Average is 0.89%. Accenture plc has dropped 3.14% during the last three month period . Year-to-Date the stock performance stands at 11.31%.
Accenture plc. (ACN) : The highest short term price target forecast on Accenture plc. (ACN) is $132 and the lowest target price is $111. A total of 13 equity analysts are currently covering the company. The average price of all the analysts is $124.23 with a standard deviation of $7.33.
Accenture plc. (NYSE:ACN): stock turned positive on Friday. Though the stock opened at $115.17, the bulls momentum made the stock top out at $116.2 level for the day. The stock recorded a low of $114.54 and closed the trading day at $115.2, in the green by 0.14%. The total traded volume for the day was 1,419,341. The stock had closed at $115.04 in the previous days trading.
Accenture plc is engaged in providing management consulting, technology and outsourcing services. The Companys business is structured around five operating groups, which together consists of 19 industry groups serving clients in industries globally. The Companys segment includes Communications, Media & Technology, Financial Services, Health & Public Service, Products and Resources. The Communications, Media & Technology segment serves the communications, electronics, technology, media and entertainment industries. The Financial Services segment serves the banking, capital markets and insurance industries. The Health & Public Service segment serves healthcare payers and providers, government departments, public service organizations, educational institutions and non-profit organizations. The Products segment serves consumer-relevant industries. The Resources segment serves the chemicals, energy, forest products, metals and mining, utilities and related industries.