Susquehanna Keeps Their Hold Rating on Accenture

By Carrie Williams

In a report released yesterday, James Friedman from Susquehanna reiterated a Hold rating on Accenture (NYSE: ACN), with a price target of $145. The company’s shares closed yesterday at $152.99, close to its 52-week high of $158.44.

According to TipRanks.com, Friedman is a 4-star analyst with an average return of 13.8% and a 73.3% success rate. Friedman covers the Technology sector, focusing on stocks such as Automatic Data Processing, DXC Technology Company, and Alliance Data Systems.

Currently, the analyst consensus on Accenture is Moderate Buy and the average price target is $161.33, representing a 5.5% upside.

In a report issued on December 21, SunTrust Robinson also reiterated a Hold rating on the stock with a $164 price target.

The company has a one-year high of $158.44 and a one-year low of $112.31. Currently, Accenture has an average volume of 1.96M.

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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.