Accenture (NYSE:ACN) Protection Initiated at BMO Capital Markets

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Analysis analysts at BMO Capital Markets began protection on shares of Accenture (NYSE:ACN – Get Ranking) in a report launched on Friday, TipRanks experiences. The brokerage set a “maintain” ranking and a $337.00 worth goal on the data expertise companies supplier’s inventory. BMO Capital Markets’ worth goal signifies a possible upside of 15.02% from the inventory’s present worth.

Different equities analysts additionally just lately issued experiences in regards to the inventory. StockNews.com assumed protection on shares of Accenture in a report on Thursday, March thirty first. They issued a “purchase” ranking for the corporate. The Goldman Sachs Group dropped their worth goal on Accenture from $446.00 to $386.00 and set a “impartial” ranking on the inventory in a analysis be aware on Tuesday, March fifteenth. Robert W. Baird dropped their worth goal on Accenture from $340.00 to $310.00 and set a “impartial” ranking on the inventory in a analysis be aware on Friday. Deutsche Financial institution Aktiengesellschaft dropped their worth goal on Accenture from $440.00 to $364.00 in a analysis be aware on Friday, June seventeenth. Lastly, Royal Financial institution of Canada dropped their worth goal on Accenture from $435.00 to $357.00 in a analysis be aware on Friday. Six funding analysts have rated the inventory with a maintain ranking and seventeen have assigned a purchase ranking to the inventory. Based mostly on information from MarketBeat.com, Accenture presently has a consensus ranking of “Reasonable Purchase” and a consensus worth goal of $361.17.

Accenture inventory traded up $7.16 throughout buying and selling hours on Friday, reaching $292.99. The inventory had a buying and selling quantity of 29,906 shares, in comparison with its common quantity of two,197,661. The corporate has a market cap of $185.73 billion, a price-to-earnings ratio of 29.49, a PEG ratio of two.65 and a beta of 1.24. The enterprise’s 50 day shifting common worth is $294.95 and its 200-day shifting common worth is $329.98. Accenture has a 52 week low of $268.17 and a 52 week excessive of $417.37.

In associated information, Common Counsel Joel Unruch offered 470 shares of the inventory in a transaction on Monday, April 18th. The inventory was offered at a median worth of $315.06, for a complete worth of $148,078.20. Following the completion of the transaction, the final counsel now straight owns 26,427 shares of the corporate’s inventory, valued at roughly $8,326,090.62. The transaction was disclosed in a submitting with the SEC, which might be accessed via the SEC web site. Additionally, insider Ellyn Shook offered 750 shares of the inventory in a transaction on Monday, April twenty fifth. The shares had been offered at a median worth of $310.55, for a complete worth of $232,912.50. Following the completion of the transaction, the insider now straight owns 21,846 shares of the corporate’s inventory, valued at $6,784,275.30. The disclosure for this sale might be discovered right here. Over the past ninety days, insiders have offered 10,757 shares of firm inventory valued at $3,386,681. Company insiders personal 0.07% of the corporate’s inventory.

A number of institutional traders and hedge funds have just lately modified their holdings of ACN. Oliver Lagore Vanvalin Funding Group acquired a brand new stake in shares of Accenture within the 1st quarter value $26,000. Ulland Funding Advisors LLC bought a brand new place in shares of Accenture throughout the 1st quarter value $29,000. HHM Wealth Advisors LLC bought a brand new place in shares of Accenture throughout the 4th quarter value $31,000. Residents Nationwide Financial institution Belief Division bought a brand new place in shares of Accenture throughout the 4th quarter value $31,000. Lastly, Ten Capital Wealth Advisors LLC grew its holdings in shares of Accenture by 111.1% throughout the 4th quarter. Ten Capital Wealth Advisors LLC now owns 76 shares of the data expertise companies supplier’s inventory value $32,000 after buying an extra 40 shares throughout the interval. 74.46% of the inventory is owned by institutional traders and hedge funds.

About Accenture (Get Ranking)

Accenture plc, knowledgeable companies firm, supplies technique and consulting, interactive, and expertise and operations companies worldwide. The corporate presents utility companies, together with agile transformation, DevOps, utility modernization, enterprise structure, software program and high quality engineering, information administration, clever automation includes robotic course of automation, pure language processing, and digital brokers, and liquid utility administration companies, in addition to program, mission, and repair administration companies; technique consulting companies; essential information components, information administration and governance, information platform and structure, product-based group and abilities, enterprise adoption, and worth realization companies; engineering, and analysis and growth digitization; good linked product design and growth; product platform engineering and modernization; product as-a-service enablement; merchandise associated to manufacturing and operations; autonomous robotics programs; the digital transformation of capital initiatives; and digital industrial workforce options.

Additional Studying

Analyst Recommendations for Accenture (NYSE:ACN)

This on the spot information alert was generated by narrative science expertise and monetary information from MarketBeat in an effort to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial workforce previous to publication. Please ship any questions or feedback about this story to [email protected]

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