Impact of Brokerage Rating on Accenture PLC(ACN)

Many Accenture PLC(ACN) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Accenture Plc was Reiterated by Barclays on Dec 22, 2016 to Equal Weight, Lowers Price Target to $ 124 from a previous price target of $128 .

Company has reported several Insider transactions to the SEC, on Jan 6, 2017, Daniel T London (Grp Chief Exec-Health & PS) sold 4,437 shares at 115.90 per share price.On Dec 28, 2016, t Noordende Alexander M Van (Group Chief Exec-Products) sold 10,876 shares at 117.64 per share price.On Dec 28, 2016, Julie Spellman Sweet (Group Chief Exec-North America) sold 9,353 shares at 117.65 per share price.

Accenture Plc Last issued its quarterly earnings results on Dec 21, 2016. The company reported $1.40 EPS for the quarter, missing the analyst consensus estimate by $ -0.09. Analyst had a consensus of $1.49. The company had revenue of $8515.50 million for the quarter, compared to analysts expectations of $8586.03 million. The companys revenue was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.28 EPS.

Accenture plc (NYSE:ACN) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.85 by 20 Brokerage Firm. 11 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 8 Brokerage Firms have advised hold.

Accenture plc (NYSE:ACN) stock has received a short term price target of $ 129 from 15 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $5.31. The higher estimate of target price is $139 , while the lower price target estimate is $120

Accenture plc (NYSE:ACN) rose 1.19% or 1.41 points on Tuesday and made its way into the gainers of the day. After trading began at $118.47 the stock was seen hitting $120 as a peak level and $118.405 as the lowest level. The stock ended up at $120. The daily volume was measured at 2,559,693 shares. The 52-week high of the share price is $125.72 and the 52-week low is $94.7. The company has a market cap of $77,274 million.

Accenture Plc is a management consulting, technology services and outsourcing organization. The Companys business is structured around five operating groups, namely, Communications & High Tech, Financial Services, Products, Public Service and Resources. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the worlds most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. Accenture Plc is headquartered in New York.

Accenture

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