Accenture PLC (NYSE:ACN)‘s stock had its “neutral” rating reissued by equities research analysts at Robert W. Baird in a research note issued to investors on Friday. They presently have a $125.00 target price on the stock. Robert W. Baird’s price objective indicates a potential upside of 13.12% from the stock’s previous close.

A number of other equities research analysts have also issued reports on the stock. Zacks Investment Research raised shares of Accenture PLC from a “hold” rating to a “buy” rating and set a $127.00 target price for the company in a research note on Tuesday, July 5th. Deutsche Bank AG reissued a “buy” rating on shares of Accenture PLC in a research note on Sunday, June 26th. Royal Bank Of Canada reissued a “buy” rating on shares of Accenture PLC in a research note on Sunday, June 26th. Cantor Fitzgerald reissued a “buy” rating and set a $126.00 target price on shares of Accenture PLC in a research note on Monday, June 20th. Finally, Stifel Nicolaus lifted their target price on shares of Accenture PLC from $116.00 to $128.00 and gave the company a “buy” rating in a research note on Friday, May 20th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company’s stock. Accenture PLC has a consensus rating of “Buy” and an average target price of $120.54.

Accenture PLC (NYSE:ACN) opened at 110.50 on Friday. The company has a 50-day moving average price of $113.32 and a 200-day moving average price of $113.96. Accenture PLC has a 12-month low of $91.40 and a 12-month high of $120.78. The stock has a market capitalization of $68.79 billion, a PE ratio of 18.68 and a beta of 1.17.

Accenture PLC (NYSE:ACN) last posted its quarterly earnings data on Thursday, June 23rd. The company reported $1.41 EPS for the quarter, hitting analysts’ consensus estimates of $1.41. Accenture PLC had a net margin of 11.24% and a return on equity of 47.61%. The firm earned $8.43 billion during the quarter. During the same period in the prior year, the business posted $1.30 EPS. The company’s revenue for the quarter was up 8.6% on a year-over-year basis. Analysts expect that Accenture PLC will post $5.33 earnings per share for the current fiscal year.

In other Accenture PLC news, insider Richard Lumb sold 1,250 shares of the business’s stock in a transaction dated Wednesday, August 10th. The shares were sold at an average price of $113.12, for a total value of $141,400.00. Following the transaction, the insider now directly owns 125,647 shares in the company, valued at $14,213,188.64. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider Daniel T. London sold 3,686 shares of the business’s stock in a transaction dated Wednesday, July 20th. The shares were sold at an average price of $115.57, for a total transaction of $425,991.02. Following the completion of the transaction, the insider now owns 26,023 shares in the company, valued at $3,007,478.11. The disclosure for this sale can be found here. 0.17% of the stock is currently owned by company insiders.

A number of institutional investors have recently added to or reduced their stakes in ACN. Marathon Asset Management LLP raised its position in Accenture PLC by 2.0% in the second quarter. Marathon Asset Management LLP now owns 527,157 shares of the company’s stock worth $59,784,000 after buying an additional 10,094 shares during the period. Howard Capital Management raised its position in Accenture PLC by 0.3% in the second quarter. Howard Capital Management now owns 109,623 shares of the company’s stock worth $12,419,000 after buying an additional 317 shares during the period. Arizona State Retirement System raised its position in Accenture PLC by 1.5% in the first quarter. Arizona State Retirement System now owns 229,000 shares of the company’s stock worth $26,427,000 after buying an additional 3,400 shares during the period. Hermes Investment Management Ltd. raised its position in Accenture PLC by 40.6% in the second quarter. Hermes Investment Management Ltd. now owns 274,458 shares of the company’s stock worth $31,093,000 after buying an additional 79,221 shares during the period. Finally, First Republic Investment Management Inc. raised its position in Accenture PLC by 13.3% in the first quarter. First Republic Investment Management Inc. now owns 771,899 shares of the company’s stock worth $89,078,000 after buying an additional 90,831 shares during the period. Hedge funds and other institutional investors own 77.21% of the company’s stock.

About Accenture PLC

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.

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