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Barclays announced Accenture (NYSE:ACN), bumping up its target price to $128.00 today

Having a price of $121.64, Accenture (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 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

Accenture (NYSE:ACN) had its stock price target increased to $128.00 by Barclays in an issued report issued Friday September 30, 2016. The new stock price target suggests a potential upside of 0.05% based on the company's most recent close.

On 9/28/2016, Citigroup released a statement on Accenture (NYSE:ACN) upped the target price from $115.50 to $116.00 that suggested an upside of 0%.

See Chart Below

Accenture (NYSE:ACN)

Accenture has a 52 week low of $91.40 and a 52 week high of $124.96 with a P/E ratio of 20.70 The company’s market cap is currently $0.

In addition to Barclays reporting its target price, a total of 23 firms have issued a report on the stock. The consensus target price is $123.24 with 3 firms rating the stock a strong buy, 13 firms rating the stock a buy, 13 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

General Information About Accenture (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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