Evercore ISI Reiterates Buy Rating for Accenture plc
Evercore ISI Group maintains its buy rating on Accenture plc with a $180 price target.
Key Points
- Evercore ISI Group reiterated its buy rating on Accenture plc with a price target of $180 as of June 18, 2026.
- Accenture's stock is currently trading at $156.17, with a market cap of $96 billion and a P/E ratio of 12.79.
- Insiders, including CEO Julie Spellman Sweet, recently purchased shares, and other analysts like JP Morgan maintain a buy rating.
On June 18, 2026, Evercore ISI Group reiterated its buy rating on Accenture plc (NYSE: ACN), setting a price target of $180. The decision reflects analyst David Togut's confidence in the company's future prospects.
Accenture Stock Snapshot
Shares of NYSE:ACN are trading near $156.17. Accenture has a market cap of approximately $96 billion, with a P/E ratio of 12.79 and a forward P/E of 10.51. The stock has a 52-week low of $155.82 and a high of $307.77, and its 50-day moving average is $179.12, while the 200-day moving average stands at $226.75. Accenture maintains a current ratio of 1.34 and a quick ratio of 1.2, with a debt-to-equity ratio of 25.47.
Recent Earnings
Accenture reported revenues of $72.11 billion, with a revenue growth of 8.3%. The company's net margin is 10.61%, and it has a return on equity of 24.76%. The next earnings report is scheduled for June 18, 2026.
Dividend
Accenture offers a dividend rate of $6.52, resulting in a yield of 3.94%. The dividend payout ratio stands at 50.98%.
Insider Buying and Selling at Accenture plc
Recent insider activity includes several purchases on June 5, 2026. CEO Julie Spellman Sweet acquired 216 shares at an average price of $179.76. Other insiders like General Counsel Joel Unruch and Chief Accounting Officer Melissa Burgum also bought shares on the same date.
Analysts Set New Price Targets
Evercore ISI Group maintained its buy rating with a $180 price target on June 18, 2026. On June 15, 2026, Morgan Stanley downgraded the stock to hold with a $177 target. Meanwhile, JP Morgan and TD Cowen maintained buy ratings with targets of $201 and $258, respectively.
About Accenture plc
Accenture plc is a global professional services company based in Dublin, Ireland. It offers a range of services, including strategy and consulting, digital, technology, and operations. Led by CEO Julie Spellman Sweet, Accenture serves clients in various sectors such as communications, financial services, health, and public service, with a workforce of approximately 786,000 employees.
Bottom Line
Evercore ISI Group's reiteration of its buy rating for Accenture reflects ongoing confidence in the company's strategy and market position. Investors often track such analyst ratings for insights into potential stock movements. As always, 13F filings and analyst reports are backward-looking and may not reflect current positions or future outlooks.
See Also
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