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Berenberg announced Accenture (NYSE:ACN), bumping up its stock price target to $140.00 today

In a statement issued on 10/13/2016 Berenberg raised the target price of Accenture (NYSE:ACN) to $140.00 indicating a possible upside of 0.19%.

Previously on 10/04/2016, Zacks Investment Research reported about Accenture (NYSE:ACN) raised the target price from $0.00 to $135.00. At the time, this indicated a possible upside of 0.13%.

Yesterday Accenture (NYSE:ACN) traded -0.49% lower at $117.62. The company’s 50-day moving average is $114.90 and its 200-day moving average is $115.10. The last stock close price is up 1.68% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 920,571 shares of the stock were exchanged, down from an average trading volume of 2,356,860

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 18.15 The company’s market cap is currently $0.

In addition to Berenberg reporting its target price, a total of 23 firms have reported 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.

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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