Deutsche Bank Aktiengesellschaft Has Lowered Expectations for Accenture (NYSE:ACN) Stock Price

Accenture (NYSE:ACNGet Free Report) had its target price reduced by analysts at Deutsche Bank Aktiengesellschaft from $280.00 to $230.00 in a research report issued on Friday,MarketScreener reports. The brokerage currently has a “hold” rating on the information technology services provider’s stock. Deutsche Bank Aktiengesellschaft’s price target suggests a potential upside of 5.93% from the company’s previous close.

Other research analysts also recently issued research reports about the company. Susquehanna increased their price target on Accenture from $270.00 to $277.00 and gave the stock a “neutral” rating in a research note on Friday, December 19th. TD Cowen restated a “buy” rating on shares of Accenture in a research note on Thursday. Royal Bank Of Canada set a $300.00 target price on shares of Accenture in a research report on Thursday, December 18th. Rothschild & Co Redburn lifted their target price on shares of Accenture from $205.00 to $210.00 and gave the stock a “neutral” rating in a research note on Monday, January 5th. Finally, Berenberg Bank started coverage on shares of Accenture in a research report on Thursday, January 22nd. They issued a “buy” rating and a $313.00 price target on the stock. Sixteen investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat, Accenture has a consensus rating of “Moderate Buy” and a consensus target price of $291.69.

Read Our Latest Stock Report on Accenture

Accenture Trading Up 1.5%

Shares of ACN stock opened at $217.12 on Friday. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.16. The firm has a market cap of $133.66 billion, a P/E ratio of 17.94, a PEG ratio of 2.07 and a beta of 1.27. The company has a 50 day moving average of $248.64 and a 200-day moving average of $250.66. Accenture has a 12-month low of $188.73 and a 12-month high of $342.89.

Accenture (NYSE:ACNGet Free Report) last posted its quarterly earnings data on Thursday, December 18th. The information technology services provider reported $3.94 EPS for the quarter, beating the consensus estimate of $3.73 by $0.21. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The business had revenue of $18.74 billion for the quarter, compared to the consensus estimate of $18.51 billion. During the same quarter in the prior year, the business earned $3.59 earnings per share. Accenture’s revenue for the quarter was up 5.7% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Sell-side analysts anticipate that Accenture will post 12.73 earnings per share for the current year.

Insider Transactions at Accenture

In other Accenture news, COO Catherine Kiernan Hogan sold 660 shares of the stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of $280.93, for a total value of $185,413.80. Following the sale, the chief operating officer directly owned 12,688 shares in the company, valued at $3,564,439.84. This represents a 4.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Julie Spellman Sweet sold 6,057 shares of the firm’s stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $241.23, for a total transaction of $1,461,130.11. Following the completion of the transaction, the chief executive officer directly owned 15,255 shares of the company’s stock, valued at approximately $3,679,963.65. The trade was a 28.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 22,088 shares of company stock valued at $5,970,434. Company insiders own 0.02% of the company’s stock.

Institutional Investors Weigh In On Accenture

Large investors have recently added to or reduced their stakes in the business. Union Savings Bank purchased a new position in Accenture during the fourth quarter worth about $974,000. Hsbc Holdings PLC raised its holdings in shares of Accenture by 77.1% in the 4th quarter. Hsbc Holdings PLC now owns 843,356 shares of the information technology services provider’s stock valued at $226,790,000 after acquiring an additional 367,163 shares in the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in shares of Accenture during the 4th quarter valued at about $56,000. Bayban purchased a new position in shares of Accenture during the fourth quarter worth about $108,000. Finally, AG Campbell Advisory LLC bought a new position in shares of Accenture in the fourth quarter worth approximately $148,000. Institutional investors own 75.14% of the company’s stock.

Accenture News Roundup

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About Accenture

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Accenture is a global professional services company that provides a broad range of services and solutions in strategy, consulting, digital, technology and operations. The firm works with organizations across industries to design and implement business transformation programs, deploy and manage enterprise technology, optimize operations, and develop customer and digital experiences. Its offerings encompass management and technology consulting, systems integration, application and infrastructure services, cloud migration and managed services, as well as security and analytics capabilities.

The company delivers industry- and function-specific solutions, combining consulting expertise with proprietary tools, platforms and partnerships with major technology vendors.

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Analyst Recommendations for Accenture (NYSE:ACN)

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