Accenture PLC (NYSE:ACN) Stock Has Average Target Price of $200.04 According to Analysts

Shares of Accenture PLC (NYSE:ACN) have been assigned a consensus rating of “Hold” from the twenty-seven research firms that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, sixteen have assigned a hold recommendation and ten have issued a buy recommendation on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $200.52.

ACN has been the topic of a number of recent research reports. TD Cowen increased their price target on Accenture from $151.00 to $173.00 and gave the stock a “hold” rating in a research report on Wednesday, August 26th. Robert W. Baird set a $190.00 price objective on shares of Accenture in a research note on Thursday, June 18th. Morgan Stanley increased their target price on shares of Accenture from $130.00 to $175.00 and gave the stock an “equal weight” rating in a report on Monday, September 14th. Stifel Nicolaus reduced their price target on shares of Accenture from $315.00 to $270.00 and set a “buy” rating for the company in a report on Wednesday, June 3rd. Finally, Weiss Ratings cut shares of Accenture from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, July 9th.

Accenture Stock Down 1.0%

Shares of NYSE:ACN opened at $174.40 on Friday. The business’s 50 day moving average is $176.81 and its 200 day moving average is $173.60. The stock has a market cap of $116.47 billion, a P/E ratio of 13.93, a price-to-earnings-growth ratio of 1.45 and a beta of 1.10. Accenture has a 52-week low of $118.15 and a 52-week high of $291.09. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.15.

Accenture declared that its Board of Directors has initiated a share buyback plan on Tuesday, June 23rd that authorizes the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization authorizes the information technology services provider to repurchase up to 2.4% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s management believes its stock is undervalued.

Insider Activity at Accenture

In other Accenture news, General Counsel Joel Unruch sold 10,498 shares of the business’s stock in a transaction dated Thursday, July 30th. The shares were sold at an average price of $162.98, for a total value of $1,710,964.04. Following the completion of the transaction, the general counsel directly owned 17,735 shares in the company, valued at approximately $2,890,450.30. The trade was a 37.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.02% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. Hazlett Burt & Watson Inc. increased its holdings in Accenture by 10.0% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 516 shares of the information technology services provider’s stock worth $139,000 after purchasing an additional 47 shares during the last quarter. First Command Advisory Services Inc. grew its position in shares of Accenture by 10.9% during the fourth quarter. First Command Advisory Services Inc. now owns 499 shares of the information technology services provider’s stock worth $134,000 after buying an additional 49 shares in the last quarter. Claret Asset Management Corp increased its stake in shares of Accenture by 4.6% in the fourth quarter. Claret Asset Management Corp now owns 1,143 shares of the information technology services provider’s stock worth $307,000 after buying an additional 50 shares during the last quarter. Hibernia Wealth Partners LLC raised its holdings in Accenture by 4.5% in the first quarter. Hibernia Wealth Partners LLC now owns 1,354 shares of the information technology services provider’s stock valued at $269,000 after acquiring an additional 58 shares in the last quarter. Finally, City National Bank of Florida MSD boosted its stake in Accenture by 5.8% during the 4th quarter. City National Bank of Florida MSD now owns 1,073 shares of the information technology services provider’s stock valued at $288,000 after acquiring an additional 59 shares during the last quarter. Institutional investors own 75.14% of the company’s stock.

Trending Headlines about Accenture

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture is reportedly gaining paid work related to AI safety evaluation for Anthropic. The engagement supports the view that AI may create new consulting, implementation, and governance demand rather than simply reduce clients’ need for consultants. The AI Fear That Crushed Accenture Just Created Its Biggest Opportunity
• Positive Sentiment: MotoGP Group selected Accenture to build a next-generation direct-to-fan streaming platform for the 2027 season. The project expands Accenture’s Media Engage business and adds a high-profile digital-platform win. Accenture’s Cash Machine Remains Strong. But Where Does Growth Come From?
• Positive Sentiment: Accenture is helping Combe unify global operations using Oracle Fusion Applications, while a separate engagement with DS Smith and osapiens will improve supply-chain transparency and regulatory compliance. These projects demonstrate continued demand for cloud, enterprise-software, and AI-ready transformation services. Accenture Edge Helps Combe Unify Its Global Operations Accenture and osapiens Make DS Smith’s Supply Chain More Transparent
• Positive Sentiment: JPMorgan reportedly raised its price target for ACN, and bullish commentary argues that new AI-related bookings could challenge the market’s bearish assumptions. Accenture Stock Gets Price Target Increase from JPMorgan What Are Accenture Stock Bears Missing?

About Accenture

Accenture plc (NYSE: ACN) is a global professional services company that helps organizations improve performance, modernize operations and respond to technological and market changes. Its services span strategy and consulting, technology, operations, and managed services, with expertise across industries including communications, financial services, health care, public service, retail, manufacturing and resources.

The company provides digital transformation, cloud migration, data and artificial intelligence, cybersecurity, systems integration and technology implementation services.