Accenture (NYSE:ACN): Stifel Nicolaus Reiterates “Buy” Rating Today, Has a Target of $170.0/Share

April 17, 2018 - By Alfred Lee

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Investors sentiment decreased to 0.93 in Q4 2017. Its down 0.07, from 1 in 2017Q3. It fall, as 46 investors sold Accenture plc shares while 393 reduced holdings. 108 funds opened positions while 300 raised stakes. 456.89 million shares or 1.00% less from 461.53 million shares in 2017Q3 were reported.

Jolley Asset Mngmt Ltd Liability invested 0.02% of its portfolio in Accenture plc (NYSE:ACN). Annex Advisory Limited holds 0.28% or 9,573 shares. Lombard Odier Asset Management (Europe) Limited invested in 6,995 shares. Factory Mutual Insur has 0.46% invested in Accenture plc (NYSE:ACN). Gemmer Asset Mngmt Limited Liability Com holds 324 shares. Sentinel Tru Lba invested in 7,901 shares. Cibc Ww invested 0.21% in Accenture plc (NYSE:ACN). 47,437 are held by First Fincl Bank. Laurion Cap Mngmt Lp holds 10,300 shares. Tcw Group Inc holds 192,495 shares. Gateway Investment Advisers Ltd Limited Liability Company has invested 0.05% in Accenture plc (NYSE:ACN). Credit Suisse Ag has 0.16% invested in Accenture plc (NYSE:ACN) for 1.15M shares. Commonwealth Of Pennsylvania Public School Empls Retrmt invested in 55,278 shares or 0.12% of the stock. Aqr Capital Mgmt Ltd Liability Company accumulated 1.39 million shares. Manchester Capital Ltd Liability invested in 0.02% or 920 shares.

Accenture (NYSE:ACN) Rating Reaffirmed

Recently, In a research report shared with investors and clients on Thursday morning, Accenture (NYSE:ACN) shares have had their “Buy” Rating reconfirmed by stock research analysts at Stifel Nicolaus, who currently has a $170.0 target price per share on company. This target by Stifel Nicolaus gives the possibile upside of 10.33 % from the current stock price.

Investors sentiment decreased to 0.93 in Q4 2017. Its down 0.07, from 1 in 2017Q3. It fall, as 46 investors sold Accenture plc shares while 393 reduced holdings. 108 funds opened positions while 300 raised stakes. 456.89 million shares or 1.00% less from 461.53 million shares in 2017Q3 were reported.

Jolley Asset Mngmt Ltd Liability invested 0.02% of its portfolio in Accenture plc (NYSE:ACN). Annex Advisory Limited holds 0.28% or 9,573 shares. Lombard Odier Asset Management (Europe) Limited invested in 6,995 shares. Factory Mutual Insur has 0.46% invested in Accenture plc (NYSE:ACN). Gemmer Asset Mngmt Limited Liability Com holds 324 shares. Sentinel Tru Lba invested in 7,901 shares. Cibc Ww invested 0.21% in Accenture plc (NYSE:ACN). 47,437 are held by First Fincl Bank. Laurion Cap Mngmt Lp holds 10,300 shares. Tcw Group Inc holds 192,495 shares. Gateway Investment Advisers Ltd Limited Liability Company has invested 0.05% in Accenture plc (NYSE:ACN). Credit Suisse Ag has 0.16% invested in Accenture plc (NYSE:ACN) for 1.15M shares. Commonwealth Of Pennsylvania Public School Empls Retrmt invested in 55,278 shares or 0.12% of the stock. Aqr Capital Mgmt Ltd Liability Company accumulated 1.39 million shares. Manchester Capital Ltd Liability invested in 0.02% or 920 shares.

Accenture plc (NYSE:ACN) Ratings Coverage

Among 16 analysts covering Accenture (NYSE:ACN), 8 have Buy rating, 0 Sell and 8 Hold. Therefore 50% are positive. Accenture has $181 highest and $15 lowest target. $166.31’s average target is 7.94% above currents $154.08 stock price. Accenture had 31 analyst reports since October 23, 2017 according to SRatingsIntel. KeyBanc Capital Markets maintained the stock with “Overweight” rating in Monday, March 19 report. The rating was maintained by Wedbush with “Outperform” on Tuesday, March 20. SunTrust maintained the shares of ACN in report on Thursday, December 21 with “Hold” rating. As per Wednesday, November 8, the company rating was initiated by Pivotal Research. The firm has “Buy” rating given on Monday, October 23 by Cowen & Co. The stock has “Neutral” rating by Robert W. Baird on Tuesday, March 20. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, December 21 report. The rating was maintained by Cowen & Co with “Buy” on Thursday, January 11. Cowen & Co maintained Accenture plc (NYSE:ACN) on Thursday, December 14 with “Buy” rating. The stock of Accenture plc (NYSE:ACN) has “Equal-Weight” rating given on Friday, March 23 by Barclays Capital.

The stock increased 1.76% or $2.66 during the last trading session, reaching $154.08. About 1.01M shares traded. Accenture plc (NYSE:ACN) has risen 24.68% since April 17, 2017 and is uptrending. It has outperformed by 13.13% the S&P500.

Accenture plc provides consulting, technology, and outsourcing services worldwide. The company has market cap of $99.09 billion. The Company’s Communications, Media & Technology segment provides professional services that help clients accelerate and deliver digital transformation, and enhance business results through industry-specific solutions; and serves clients in communications, electronics, high technology, media, and entertainment industries. It has a 27.08 P/E ratio. The companyÂ’s Financial Services segment offers services that help clients enhance cost efficiency, grow their customer base, manage risk, and transform their operations; and serves clients in banking, capital markets, and insurance industries.

Accenture plc (NYSE:ACN) Ratings Chart

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