Summary
- Accenture is rated Hold with a $270 price target, offering about 8% upside over the next 12 months.
- ACN remains a high-quality, stable business, but its single-digit top and bottom-line growth lags peers and limits potential for outperformance.
- Recent FQ4 results showed a double-beat, with 7% revenue growth and 8% EPS growth, yet the stock reaction was muted.
- ACN trades at a fair 18x forward P/E, reflecting stability and a strong moat, but lacks catalysts for significant multiple expansion.
HJBC/iStock Editorial via Getty Images
Accenture plc (NYSE:ACN) is a multinational professional services company that specializes in consulting, technolog…
Summary
- Accenture is rated Hold with a $270 price target, offering about 8% upside over the next 12 months.
- ACN remains a high-quality, stable business, but its single-digit top and bottom-line growth lags peers and limits potential for outperformance.
- Recent FQ4 results showed a double-beat, with 7% revenue growth and 8% EPS growth, yet the stock reaction was muted.
- ACN trades at a fair 18x forward P/E, reflecting stability and a strong moat, but lacks catalysts for significant multiple expansion.
HJBC/iStock Editorial via Getty Images
Accenture plc (NYSE:ACN) is a multinational professional services company that specializes in consulting, technology, digital, and operations provision. The company is assisting clients in solving complex issues and achieving their goals by leveraging technology. ACN serves the companies
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