Analysts at Robert W. Baird Didn’t Change their Past ‘Hold’ rating on Shares Accenture (NYSE:ACN), Set a $162.0 Price Target

April 17, 2018 - By Adrian Mccoy

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Investors sentiment decreased to 0.93 in Q4 2017. Its down 0.07, from 1 in 2017Q3. It worsened, 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.

Headinvest Limited Company holds 2.03% or 42,935 shares. Confluence Wealth Mngmt Ltd Liability Company reported 9,080 shares stake. Blackrock Inc stated it has 0.29% of its portfolio in Accenture plc (NYSE:ACN). Sather Financial invested in 43,419 shares. Rhumbline Advisers holds 0.33% or 1.06 million shares. Fund Evaluation Gru has 18,800 shares. New York-based Gotham Asset Ltd Company has invested 0.25% in Accenture plc (NYSE:ACN). Hilltop reported 0.06% of its portfolio in Accenture plc (NYSE:ACN). Aqr Capital Management Ltd Limited Liability Company invested in 1.39M shares. Capital Guardian Tru invested 0.77% of its portfolio in Accenture plc (NYSE:ACN). Regentatlantic Limited Liability Corporation holds 0.11% in Accenture plc (NYSE:ACN) or 9,497 shares. 177,757 are held by Lee Danner And Bass Incorporated. Asset Mngmt holds 57,178 shares. Cypress Capital invested in 48,605 shares or 1.55% of the stock. Perkins Coie Trust Comm holds 13,738 shares.

Accenture (NYSE:ACN) Rating Reaffirmed

They currently have a $162.0 TP on Accenture (NYSE:ACN). The target price by Robert W. Baird would suggest a potential upside of 4.99 % from the company’s last price. This has been disclosed in a research report on 21 December.

Investors sentiment decreased to 0.93 in Q4 2017. Its down 0.07, from 1 in 2017Q3. It worsened, 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.

Headinvest Limited Company holds 2.03% or 42,935 shares. Confluence Wealth Mngmt Ltd Liability Company reported 9,080 shares stake. Blackrock Inc stated it has 0.29% of its portfolio in Accenture plc (NYSE:ACN). Sather Financial invested in 43,419 shares. Rhumbline Advisers holds 0.33% or 1.06 million shares. Fund Evaluation Gru has 18,800 shares. New York-based Gotham Asset Ltd Company has invested 0.25% in Accenture plc (NYSE:ACN). Hilltop reported 0.06% of its portfolio in Accenture plc (NYSE:ACN). Aqr Capital Management Ltd Limited Liability Company invested in 1.39M shares. Capital Guardian Tru invested 0.77% of its portfolio in Accenture plc (NYSE:ACN). Regentatlantic Limited Liability Corporation holds 0.11% in Accenture plc (NYSE:ACN) or 9,497 shares. 177,757 are held by Lee Danner And Bass Incorporated. Asset Mngmt holds 57,178 shares. Cypress Capital invested in 48,605 shares or 1.55% of the stock. Perkins Coie Trust Comm holds 13,738 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 7.78% above currents $154.3 stock price. Accenture had 31 analyst reports since October 23, 2017 according to SRatingsIntel. The stock of Accenture plc (NYSE:ACN) has “Neutral” rating given on Tuesday, March 20 by Robert W. Baird. The firm earned “Overweight” rating on Monday, November 20 by KeyBanc Capital Markets. Wedbush maintained it with “Buy” rating and $18000 target in Monday, April 2 report. The firm earned “Buy” rating on Sunday, October 29 by KeyBanc Capital Markets. The firm has “Hold” rating by Susquehanna given on Tuesday, March 20. The stock has “Buy” rating by KeyBanc Capital Markets on Friday, December 22. On Thursday, December 21 the stock rating was maintained by BMO Capital Markets with “Hold”. Morgan Stanley upgraded the stock to “Buy” rating in Monday, February 5 report. The firm has “Overweight” rating by Cantor Fitzgerald given on Friday, December 22. Robert W. Baird maintained Accenture plc (NYSE:ACN) on Thursday, December 21 with “Hold” rating.

The stock increased 1.90% or $2.88 during the last trading session, reaching $154.3. About 2.03 million 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 $99.23 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 27.12 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.

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