Accenture plc with ticker code (ACN) have now 23 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 450 and 245 with the average target price sitting at $316.15. Given that the stocks previous close was at $252.92 this would imply there is now a potential upside of 25.0%. It’s also worth noting that there is a 50 day moving average of $273.16 and the 200 day moving average is $280.96. The company has a market cap of $159,402m. Company Website: https://www.accenture.com
The potential market cap would be $199,253m based on the market consensus.
Accenture plc, a professional services company, provides strategy and consulting, interactive, industry X, song, and technology and operation services worldwide. The company offers application servicesluding agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management, intelligent automation comprises robotic process automation, natural language processing, and virtual agents, and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprises turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services. It also provides change management, HR transformation and delivery, organization strategy and design, talent strategy and development, and leadership and culture services; digital commerce; infrastructure servicesluding cloud infrastructure managed, cloud and data center, network, digital workplace, database platforms, service management, and cloud and infrastructure security services; data-enabled operating models; technology consulting and AI services; and technology consulting services. In addition, the company offers engineering and R&D digitization, smart connected products, product as-a-service enablement, capital projects, intelligent asset management, digital industrial workforce, and autonomous robotic systems; business process outsourcing; and services related to technology innovation. Further, it provides cloud, ecosystem, marketing, security, supply chain management, zero-based transformation, customer experience, finance consulting, mergers and acquisitions, and sustainability services. The company was founded in 1951 and is based in Dublin, Ireland.
The company has a dividend yield of 1.82% with the ex dividend date set at 11-1-2023 (DMY).
Other points of data to note are a P/E ratio of 22.38, revenue per share of 98.66 and a 13.11% return on assets.
