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Analysts review Accenture plc’s rating

Accenture plc’s filing revealed that its Chief Leadership & HR Officer Beatty Angela unloaded Company’s shares for reported $0.13 million on Dec 23 ’24. In the deal valued at $358.50 per share,375 shares were sold. As a result of this transaction, Beatty Angela now holds 5,149 shares worth roughly $1.85 million.

Then, Beatty Angela bought 375 shares, generating $134,439 in total proceeds.

Before that, Sekido Ryoji sold 3,191 shares. Accenture plc shares valued at $1,096,761 were divested by the Co-CEO Asia Pacific at a price of $343.70 per share. As a result of the transaction, Sekido Ryoji now holds 6 shares, worth roughly $2152.62.

Goldman upgraded its Accenture plc [ACN] rating to a Buy from a a Neutral in a research note published on December 06, 2024; the price target was increased to $420 from $370. A number of analysts have revised their coverage, including Exane BNP Paribas’s analysts, who decreased its forecast for the stock in late October from “an Outperform” to “a Neutral”. TD Cowen also remained covering ACN and has increased its forecast on September 30, 2024 with a “Buy” recommendation from previously “Hold” rating. Piper Sandler revised its rating on September 26, 2024. It rated ACN as “an Overweight” which previously was an “a Neutral”.

Price Performance Review of ACN

On Monday, Accenture plc [NYSE:ACN] saw its stock fall -2.07% to $358.77. Over the last five days, the stock has gained 0.48%. Accenture plc shares have risen nearly 2.24% since the year began. Nevertheless, the stocks have risen 2.87% over the past one year. While a 52-week high of $387.51 was reached on 03/07/24, a 52-week low of $278.69 was recorded on 05/31/24. SMA at 50 days reached $360.39, while 200 days put it at $333.28.

Levels Of Support And Resistance For ACN Stock

The 24-hour chart illustrates a support level at 355.35, which if violated will result in even more drops to 351.92. On the upside, there is a resistance level at 362.58. A further resistance level may holdings at 366.38. The Relative Strength Index (RSI) on the 14-day chart is 49.30, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.39, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 60.89%. Stochastics %K at 62.88% indicates the stock is a holding.

How much short interest is there in Accenture plc?

A steep rise in short interest was recorded in Accenture plc stocks on 2024-11-29, growing by 0.59 million shares to a total of 6.35 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 5.76 million shares. There was a rise of 9.29%, which implies that there is a positive sentiment for the stock.

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