Accenture (ACN) Gets a Hold from BMO Capital
In a report released yesterday, Keith Bachman from BMO Capital maintained a Hold rating on Accenture, with a price target of $230.00. The company’s shares closed yesterday at $203.55.
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According to TipRanks, Bachman is a 4-star analyst with an average return of 3.2% and a 46.34% success rate. Bachman covers the Technology sector, focusing on stocks such as Okta, Adobe, and Cognizant.
In addition to BMO Capital, Accenture also received a Hold from TipRanks – Anthropic’s Anthropic Information Technology Services in a report issued yesterday. However, today, Morgan Stanley maintained a Buy rating on Accenture (NYSE: ACN).
Based on Accenture’s latest earnings release for the quarter ending February 28, the company reported a quarterly revenue of $18.04 billion and a net profit of $1.86 billion. In comparison, last year the company earned a revenue of $16.66 billion and had a net profit of $1.79 billion
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- Accenture price target raised to $247 from $243 at JPMorgan
- Accenture price target lowered to $230 from $300 at BMO Capital
- Accenture price target lowered to $250 from $275 at Guggenheim
- Accenture: Confident Long‑Term Growth Strategy Outweighs Near‑Term IT Spending Headwinds
- Accenture price target lowered to $265 from $330 at Baird
