Accenture plc (ACN) has current market capitalization of $5.27 billion $74.91 Billion

Accenture plc (ACN) has current market capitalization of $5.27 billion $74.91 Billion

Three brokers rating the stock a strong buy, 13 brokers rating the stock a buy, thirteen analysts rating the company a hold, zero firms rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target of $123.24.

Accenture PLC has 622,630,000 shares outstanding at the moment which are trading around 120.06 bringing Accenture PLC's market capitalisation to 74.75B United States dollars. Finally, Barclays PLC reduced their target price on shares of Accenture Plc from $128.00 to $124.00 and set an "equal weight" rating for the company in a research note on Thursday, December 22nd.

Now the shares of Accenture plc (ACN) has a trading volume of 6.88 Million shares, with an average trading volume of 3.39 Million shares - with shares dropping to a 52 week low of $108.66 on Jun 27, 2016, and the company's shares hitting a 52 week high on Mar 22, 2017 of $123.01.

A price target is the projected price level of a financial security stated by an investment analyst.

Basically, a price target is an individual analyst's projection on the future price of a stock. Deutsche Bank AG reaffirmed a buy rating and issued a $127.00 price target (down from $131.00) on shares of Accenture Plc in a report on Friday, December 23rd. The current share price indicate that stock is -4.84% away from its one year high and is moving 77.38% ahead of its 52-week low. Accenture Plc has a 12 month low of $108.66 and a 12 month high of $126.53. The firm has a 50 day moving average price of $121.68 and a 200-day moving average price of $118.24. The difference between actual earnings and estimated earnings was $0.09 per share. The company reported $1.33 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.30 by $0.03. As far as the returns are concern, the return on equity was recorded as 59.50% and return on investment was 58.10% while its return on asset stayed at 21.90%. The business had revenue of $8.32 billion for the quarter, compared to analysts' expectations of $8.34 billion. The stock is up 6.29% in this year through last close, and the beta ratio has a value of 1.13. The firm's revenue for the quarter was up 4.7% on a year-over-year basis.

Shares of Accenture Plc closed the previous trading session at 118.98 down -1.78 -1.47% with 3,949,828 shares trading hands. If you are viewing this news story on another site, it was illegally stolen and republished in violation of United States & worldwide trademark and copyright laws. The correct version of this piece of content can be viewed at https://baseballnewssource.com/markets/accenture-plc-acn-earns-overweight-rating-from-cantor-fitzgerald/523718.html.

The business also recently declared a semiannual dividend, which will be paid on Monday, May 15th.

On 3/24/2016 Accenture Plc announced a dividend of $1.10 with an ex dividend date of 4/13/2016 which will be payable on 5/13/2016. This represents a dividend yield of 2.03%.

Relative strength index (RSI-14) for Accenture plc (ACN) is at 43.11.

Yesterday Accenture PLC (NYSE:ACN) traded -1.55% lower at $119.04. Overall, 6.88 Million shares exchanged hands versus its average trading volume of 2.37 Million shares. The shares were sold at an average price of $115.87, for a total transaction of $514,115.19.

Related:

  • German Chancellor Merkel's Party Wins Elections In Western State Of Saarland

    German Chancellor Merkel's Party Wins Elections In Western State Of Saarland

    The Greens, at 4 percent, would fail to meet the threshold to enter the state assembly, according to the poll. Like federal Germany, Saarland is now governed by a "grand coalition " of the CDU and the SPD.
    Gandhi enjoys no popularity: A message from BJP's Rahul to Congress' Rahul

    Gandhi enjoys no popularity: A message from BJP's Rahul to Congress' Rahul

    Abhishek Singhvi, on Friday, while addressing the media, also said Sonia Gandhi is on way to fast recovery from her illness. The ailing Congress chief didn't campaign in the February-March Assembly elections in five states.
    Federer, Wawrinka advance in Miami

    Federer, Wawrinka advance in Miami

    I'm not going to get the surprise really a second time around because I saw the power he had, the explosiveness he had. And it should feed a player like him with a lot of energy moving forward hopefully...
  • NC father charged after toddler, infant found stabbed to death

    Freeman was then subsequently charged with the murder counts, the Hoke County Sheriff's Office said in a statement . He questioned if either of the two young girls were his biological daughters, according to Sheriff Peterkin.
    New Justice League trailer brings all the heroes to the table

    New Justice League trailer brings all the heroes to the table

    I think so, and it will be interesting to see how else Snyder sets up the Caped Crusader's world in Justice League! While DC fans have certainly been burned before by high hopes, the trailer conveys a nice mix of action and comedy.
    56% of voters disapprove of Republican health care plan

    56% of voters disapprove of Republican health care plan

    During the Obamacare debate, the strength of Republican opposition tended to outweigh the strength of Democratic support. The plan itself does not enjoy majority support among Republicans, with only 41 per cent backing the bill, reports CNN .
  • Dispute between groups at Cincinnati nightclub ended in mass shooting, officials say

    Dispute between groups at Cincinnati nightclub ended in mass shooting, officials say

    Cincinnati police plan to give an update on the shooting investigation after 11 a.m., according to a department tweet . We are sending our prayers to the families of the deceased and the injured victims of this tragic nightclub shooting.
    Trump supporters clash with protesters at MAGA rallies

    Trump supporters clash with protesters at MAGA rallies

    Apart from the incident, in which the anti-Trump demonstrators were pushed out of the fray, the rally was reportedly peaceful. The Los Angeles Times reported that the black-clad Trump protester armed with pepper spray was also wearing a mask.

    Good news for Andy Murray as Kyrgios beats Djokovic

    Kyrgios had set up the mouthwatering clash with Federer by beating world number two Novak Djokovic 6-4, 7-6 (3) on Wednesday. Federer, seeded No. 9 here, started out strong and broke Nadal's serve to start the match .
  • Cyclone Debbie on collision course with CQ towns: BOM

    Cyclone Debbie on collision course with CQ towns: BOM

    In the Burdekin Shire suburb of Alva Beach, about 100 kilometres drive south-east of Townsville, some residents refused to leave. The Bureau of Meteorology predicted the cyclone to make landfall between Townsville and Proserpine on Tuesday morning.
    Bulgaria's center-right leader says will form next coalition government

    Bulgaria's center-right leader says will form next coalition government

    Bulgaria held early general elections on Sunday, four months after the resignation of the minority coalition cabinet led by GERB. A former firefighter and bodyguard, 57-year-old Borisov has been a towering figure in Bulgarian politics in recent years.

    Tri-Cities residents urged to go dark for Earth Hour

    Earth hour is an initiative started by the World Wildlife Fund (WWF), an NGO which was established in the year 2007, in Sydney. Sonny Angara yesterday urged young Filipinos to be "environment warriors" beyond Earth Hour.

Comments

Other news