ACN) Outperform Rating Kept at RBC Capital Markets; $148.00 Target in Place





September 30, 2017 – By Hazel Jackson







Investors sentiment increased to 1.05 in 2017 Q2. Its up 0.12, from 0.93 in 2017Q1. It improved, as 49 investors sold Accenture Plc shares while 348 reduced holdings. 82 funds opened positions while 334 raised stakes. 466.45 million shares or 0.50% more from 464.13 million shares in 2017Q1 were reported.

Bnp Paribas Asset Mngmt Sa reported 0.28% of its portfolio in Accenture Plc (NYSE:ACN). 93,800 are owned by Teachers Retirement Of The State Of Kentucky. Smith Moore invested 0.14% in Accenture Plc (NYSE:ACN). First Bankshares Of Omaha accumulated 65,111 shares. Northeast Inv Mngmt accumulated 47,982 shares. Park Natl Oh has invested 0.29% in Accenture Plc (NYSE:ACN). The Rhode Island-based Blue Financial has invested 0.28% in Accenture Plc (NYSE:ACN). The Washington-based Brighton Jones Ltd Company has invested 0.23% in Accenture Plc (NYSE:ACN). Buckingham Mngmt reported 11,997 shares. Gofen & Glossberg Ltd Co Il holds 37,688 shares or 0.18% of its portfolio. Landscape Cap Mgmt Ltd Liability owns 4,547 shares or 0.06% of their US portfolio. Central Financial Bank & Com holds 1,245 shares. Connable Office invested in 10,686 shares. Captrust Financial has invested 0.01% in Accenture Plc (NYSE:ACN). Mackenzie Financial Corp reported 580,246 shares.

Accenture PLC (NYSE:ACN) Rating Reaffirmed

Accenture PLC (NYSE:ACN) just had their share rating of a ‘Outperform’ issued by research analysts at RBC Capital Markets, who now has a $148.00 target price on the $87.09 billion market cap company or a 8.60 % upside potential. This key information was revealed in a note on Friday morning.

Investors sentiment increased to 1.05 in 2017 Q2. Its up 0.12, from 0.93 in 2017Q1. It improved, as 49 investors sold Accenture Plc shares while 348 reduced holdings. 82 funds opened positions while 334 raised stakes. 466.45 million shares or 0.50% more from 464.13 million shares in 2017Q1 were reported.

Bnp Paribas Asset Mngmt Sa reported 0.28% of its portfolio in Accenture Plc (NYSE:ACN). 93,800 are owned by Teachers Retirement Of The State Of Kentucky. Smith Moore invested 0.14% in Accenture Plc (NYSE:ACN). First Bankshares Of Omaha accumulated 65,111 shares. Northeast Inv Mngmt accumulated 47,982 shares. Park Natl Oh has invested 0.29% in Accenture Plc (NYSE:ACN). The Rhode Island-based Blue Financial has invested 0.28% in Accenture Plc (NYSE:ACN). The Washington-based Brighton Jones Ltd Company has invested 0.23% in Accenture Plc (NYSE:ACN). Buckingham Mngmt reported 11,997 shares. Gofen & Glossberg Ltd Co Il holds 37,688 shares or 0.18% of its portfolio. Landscape Cap Mgmt Ltd Liability owns 4,547 shares or 0.06% of their US portfolio. Central Financial Bank & Com holds 1,245 shares. Connable Office invested in 10,686 shares. Captrust Financial has invested 0.01% in Accenture Plc (NYSE:ACN). Mackenzie Financial Corp reported 580,246 shares.

Accenture Plc (NYSE:ACN) Ratings Coverage

Among 23 analysts covering Accenture Plc (NYSE:ACN), 13 have Buy rating, 1 Sell and 9 Hold. Therefore 57% are positive. Accenture Plc has $150.0 highest and $11 lowest target. $133.05’s average target is -1.50% below currents $135.07 stock price. Accenture Plc had 60 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of Accenture Plc (NYSE:ACN) has “Buy” rating given on Tuesday, September 8 by Argus Research. As per Thursday, July 7, the company rating was maintained by Barclays Capital. The stock has “Hold” rating by Robert W. Baird on Thursday, September 21. As per Tuesday, May 31, the company rating was maintained by Cowen & Co. As per Friday, September 22, the company rating was maintained by Morgan Stanley. The stock has “Equalweight” rating by Barclays Capital on Monday, March 28. The firm has “Buy” rating given on Monday, October 3 by Cantor Fitzgerald. Cantor Fitzgerald maintained the stock with “Buy” rating in Thursday, June 15 report. Stifel Nicolaus maintained the stock with “Buy” rating in Monday, March 21 report. BMO Capital Markets maintained the shares of ACN in report on Friday, March 24 with “Hold” rating.

The stock decreased 0.92% or $1.25 on September 29, reaching $135.07. About 3.31M shares traded or 60.68% up from the average. Accenture Plc (NYSE:ACN) has risen 4.27% since September 30, 2016 and is uptrending. It has underperformed by 12.43% the S&P500.

Accenture plc is a professional services firm serving clients in various industries and in geographic regions, including North America, Europe and Growth Markets. The company has market cap of $87.09 billion. The Firm provides management and technology consulting services. It has a 25.12 P/E ratio. The Company’s divisions include Communications, Media and Technology; Financial Services; Health and Public Service; Products, and Resources.

More notable recent Accenture Plc (NYSE:ACN) news were published by: Zacks.com which released: “Accenture plc (ACN) Beats Q4 Earnings Estimate September 28, 2017” on September 28, 2017, also Seekingalpha.com with their article: “Accenture Q4 Earnings Preview” published on September 26, 2017, Seekingalpha.com published: “Accenture’s (ACN) CEO Pierre Nanterme on Q4 2017 Results – Earnings Call …” on September 28, 2017. More interesting news about Accenture Plc (NYSE:ACN) were released by: Seekingalpha.com and their article: “Stocks to Watch Next Week” published on September 23, 2017 as well as Bizjournals.com‘s news article titled: “Accenture to add 800 jobs in Atlanta, a “key market” for the Fortune 500 firm …” with publication date: September 20, 2017.

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