Accenture plc : No turn-around in sight
Entry price | Target | Stop-loss | Potential |
---|
US$185.55 |
US$199.7 |
US$179.7 |
+7.63% |
---|
The underlying tendency is to the upside for shares in Accenture and the timing is opportune to get back into the stock. A comeback of the upward dynamic can be anticipated.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● The company has solid fundamentals for a short-term investment strategy.
Strengths● The current area is a good opportunity for investors interested in buying the stock in a mid or long-term perspective. Indeed, the share is moving closer to its lower bound at USD 174.3 USD in weekly data.
● Share prices are approaching a strong support area in daily data, which offers good timing for investors.
● The company is in a robust financial situation considering its net cash and margin position.
● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● The group usually releases upbeat results with huge surprise rates.
● Analysts covering this company mostly recommend stock overweighting or purchase.
Weaknesses● The company benefits from high valuations in earnings multiples.
● The company is not the most generous with respect to shareholders' compensation.
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