Accenture PLC (NYSE:ACN) target price raised to $120.00, released a research note earlier today by Citigroup
- Updated: September 30, 2016
Having a price of $122.69, Accenture PLC (NYSE:ACN) traded 0.69% higher on the day. With the last close up 7.01% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Accenture PLC has recorded a 50-day average of $113.60 and a two hundred day average of $114.45. Volume of trade was up over the average, with 3,497,342 shares of ACN changing hands over the typical 2,244,370
Stating a potential downside of -0.02%, Citigroup upped the price target of Accenture PLC (NYSE:ACN) to $120.00
On 09/28/2016, Citigroup released a statement on Accenture PLC (NYSE:ACN) upped the target price from $115.50 to $116.00 that suggested an upside of 0%.
With a total market value of $0, Accenture PLC has price-earnings ratio of 20.70 with a one year low of $91.40 and a one year high of $124.96 .
A total of 23 firms have issued a report on ACN. Three brokerages rating the stock a strong buy, thirteen analysts rating the company a buy, 13 brokerages rating the stock a hold, 0 analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year stock price target of $123.24.
Brief Synopsis On Accenture PLC (NYSE:ACN)
Accenture plc is engaged in providing management consulting, technology and outsourcing services. The Company's business is structured around five operating groups, which together consists of 19 industry groups serving clients in industries globally. The Company's 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.
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