Credit Suisse Maintains a Hold Rating on Accenture

By Carrie Williams

Credit Suisse analyst Charles Brennan maintained a Hold rating on Accenture (NYSE: ACN) yesterday and set a price target of $151. The company’s shares closed yesterday at $152.29.

According to TipRanks.com, Brennan is ranked #1654 out of 4778 analysts.

Currently, the analyst consensus on Accenture is Moderate Buy and the average price target is $171.11, representing a 12.4% upside.

In a report issued on April 25, BMO Capital also maintained a Hold rating on the stock with a $158 price target.

Accenture’s market cap is currently $94.08B and has a P/E ratio of 26.76. The company has a book value ratio of 9.7162.

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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.