RBC Capital analyst Daniel Perlin maintained a Buy rating on Accenture (ACN – Research Report) yesterday and set a price target of $381.00. The company’s shares closed yesterday at $345.03.
According to TipRanks, Perlin is a 4-star analyst with an average return of 4.0% and a 50.30% success rate. Perlin covers the Technology sector, focusing on stocks such as Accenture, Fidelity National Info, and NCR Voyix.
In addition to RBC Capital, Accenture also received a Buy from Citi’s Ashwin Shirvaikar in a report issued today. However, yesterday, TD Cowen maintained a Hold rating on Accenture (NYSE: ACN).
ACN market cap is currently $238.5B and has a P/E ratio of 35.26.
Based on the recent corporate insider activity of 281 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ACN in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Accenture (ACN) Company Description:
Accenture Plc is a multinational professional services company, which provides management consulting, technology, and outsourcing services. The company generates revenues from five industry groups, including Communications, Media, and Technology; Financial Services; Health and Public Service; Products; and Resources. The company was founded in 1989 and is based in Dublin, Ireland.
Read More on ACN:
- ACN Earnings: Accenture Stock Slips on Dismal Outlook
- Options Volatility and Implied Earnings Moves Today, March 21, 2024
- Notable companies reporting before tomorrow’s open
- Accenture acquires European consultancy Flo Group, terms undisclosed
- Accenture price target raised to $445 from $410 at Redburn Atlantic
