Robert W. Baird Reaffirms Their Hold Rating on Accenture

By Jason Carr

In a report issued on December 4, David Koning from Robert W. Baird reiterated a Hold rating on Accenture (NYSE: ACN), with a price target of $155. The company’s shares closed yesterday at $148.27, close to its 52-week high of $148.60.

According to TipRanks.com, Koning is a top 25 analyst with an average return of 17.9% and a 88.0% success rate. Koning covers the Technology sector, focusing on stocks such as Jack Henry & Associates, Fidelity National Info, and Sykes Enterprises Inc.

Accenture has an analyst consensus of Moderate Buy, with a price target consensus of $148.23.

Accenture’s market cap is currently $91.27B and has a P/E ratio of 27.26. The company has a book value ratio of 10.1982.

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Accenture Plc is an investment holding company, which engages in the provision of management consulting, technology, and outsourcing services. It operates through the following segments: Communications, Media, and Technology, Financial Services, Health and Public Service, Products, Resources, and Other.