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Accenture (NYSE:ACN) Price Target Lowered to $235.00 at Deutsche Bank Aktiengesellschaft

Accenture logo with Computer and Technology background

Key Points

  • Deutsche Bank Aktiengesellschaft has lowered Accenture's price target from $260.00 to $235.00, maintaining a "hold" rating, which suggests a potential upside of only 1.25% from its current price.
  • Accenture reported **$3.03 earnings per share** for the last quarter, surpassing the consensus estimate of $2.98, with a revenue of **$17.60 billion**, reflecting a **7.3% year-over-year increase**.
  • The company has faced several adjustments to its price ratings by other analysts, indicating a trend of lowered price targets, with a consensus target price now standing at **$314.54** among 26 analysts.
  • Interested in Accenture? Here are five stocks we like better.

Accenture (NYSE:ACN - Get Free Report) had its price target cut by equities researchers at Deutsche Bank Aktiengesellschaft from $260.00 to $235.00 in a research note issued to investors on Friday,MarketScreener reports. The brokerage currently has a "hold" rating on the information technology services provider's stock. Deutsche Bank Aktiengesellschaft's price objective indicates a potential upside of 1.25% from the company's current price.

ACN has been the subject of a number of other research reports. Guggenheim lowered their price objective on shares of Accenture from $305.00 to $285.00 and set a "buy" rating for the company in a research report on Friday. Argus set a $370.00 target price on shares of Accenture in a report on Tuesday, June 24th. Robert W. Baird reduced their price objective on shares of Accenture from $372.00 to $350.00 and set an "outperform" rating on the stock in a research note on Tuesday, September 16th. Barclays cut their price target on Accenture from $390.00 to $360.00 and set an "overweight" rating for the company in a research note on Monday, June 23rd. Finally, Rothschild Redb lowered Accenture from a "strong-buy" rating to a "hold" rating in a report on Wednesday, September 3rd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $314.54.

Check Out Our Latest Analysis on Accenture

Accenture Trading Down 0.2%

Shares of ACN stock opened at $232.09 on Friday. Accenture has a 12 month low of $229.40 and a 12 month high of $398.35. The business's 50 day moving average is $254.28 and its two-hundred day moving average is $286.89. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.16. The company has a market cap of $145.37 billion, a PE ratio of 18.45, a price-to-earnings-growth ratio of 2.06 and a beta of 1.29.

Accenture (NYSE:ACN - Get Free Report) last issued its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.98 by $0.05. The firm had revenue of $17.60 billion for the quarter, compared to analyst estimates of $17.34 billion. Accenture had a return on equity of 26.55% and a net margin of 11.61%.The company's quarterly revenue was up 7.3% compared to the same quarter last year. During the same period in the previous year, the company posted $2.66 earnings per share. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Equities analysts predict that Accenture will post 12.73 EPS for the current year.

Insiders Place Their Bets

In related news, CEO Julie Spellman Sweet sold 2,251 shares of the firm's stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $282.45, for a total transaction of $635,794.95. Following the transaction, the chief executive officer owned 8,109 shares in the company, valued at $2,290,387.05. This trade represents a 21.73% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Mauro Macchi sold 500 shares of the business's stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $282.34, for a total transaction of $141,170.00. Following the sale, the chief executive officer directly owned 2,283 shares in the company, valued at approximately $644,582.22. This represents a 17.97% decrease in their position. The disclosure for this sale can be found here. Insiders sold 2,954 shares of company stock valued at $834,280 in the last ninety days. Insiders own 0.02% of the company's stock.

Hedge Funds Weigh In On Accenture

Institutional investors and hedge funds have recently modified their holdings of the stock. Caldwell Trust Co acquired a new position in Accenture in the second quarter worth about $2,952,000. Valeo Financial Advisors LLC boosted its stake in Accenture by 5.8% during the 2nd quarter. Valeo Financial Advisors LLC now owns 8,665 shares of the information technology services provider's stock worth $2,590,000 after acquiring an additional 474 shares during the last quarter. Osaic Holdings Inc. lifted its holdings in shares of Accenture by 41.7% during the 2nd quarter. Osaic Holdings Inc. now owns 101,585 shares of the information technology services provider's stock valued at $30,650,000 after purchasing an additional 29,914 shares in the last quarter. Total Investment Management Inc. acquired a new stake in shares of Accenture in the 2nd quarter valued at about $50,000. Finally, MASTERINVEST Kapitalanlage GmbH acquired a new stake in Accenture in the 2nd quarter valued at $1,244,000. 75.14% of the stock is currently owned by hedge funds and other institutional investors.

About Accenture

(Get Free Report)

Accenture plc, a professional services company, provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management; intelligent automation comprising robotic process automation, natural language processing, and virtual agents; and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprising turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services.

Further Reading

Analyst Recommendations for Accenture (NYSE:ACN)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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