New Buy Rating for Accenture (ACN), the Technology Giant

Barclays analyst Ramsey El Assal maintained a Buy rating on Accenture (ACNResearch Report) on September 23 and set a price target of $340.00. The company’s shares closed last Friday at $259.98.

El Assal covers the Services sector, focusing on stocks such as Fleetcor Technologies, Paypal Holdings, and Green Dot. According to TipRanks, El Assal has an average return of -1.5% and a 43.88% success rate on recommended stocks.

Accenture has an analyst consensus of Moderate Buy, with a price target consensus of $324.24, implying a 24.72% upside from current levels. In a report released on September 23, Citigroup also maintained a Buy rating on the stock with a $305.00 price target.

See the top stocks recommended by analysts >>

The company has a one-year high of $413.58 and a one-year low of $256.20. Currently, Accenture has an average volume of 1.97M.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Accenture Plc is a multinational professional services company, which provides management consulting, technology, and outsourcing services. The company generates revenues from five industry groups, including Communications, Media, and Technology; Financial Services; Health and Public Service; Products; and Resources. The company was founded in 1989 and is based in Dublin, Ireland.

Read More on ACN:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More