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Citi Reaffirms Their Hold Rating on Accenture (ACN)

Tipranks - Tipranks - Thu Feb 26, 1:08AM CST

In a report released today, Bryan Keane from Citi maintained a Hold rating on Accenture, with a price target of $215.00.

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Keane covers the Technology sector, focusing on stocks such as Block, Cognizant, and Epam Systems. According to TipRanks, Keane has an average return of 4.4% and a 52.85% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Accenture with a $293.60 average price target.

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Based on Accenture’s latest earnings release for the quarter ending November 30, the company reported a quarterly revenue of $18.74 billion and a net profit of $2.21 billion. In comparison, last year the company earned a revenue of $17.69 billion and had a net profit of $2.28 billion

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