Accenture: Oddo BHF raises target price

(CercleFinance.com) - Oddo BHF confirms its 'outperform' rating on Accenture shares, while raising its target price for them from $380 to $404, following a quarterly publication that included better-than-expected growth, with cyclical activities returning to growth.


Following this publication, the broker adjusts its figures for 2025, positioning itself at the top of the guidance range, with growth at constant exchange rates of +6% (vs. 7.9% previously) and an operating margin of 15.8% (vs. 15.9%).

This solid publication sends out a generally positive signal for the IT Services sector, but we should remain cautious about the European market, as the improvement seems to be 'company specific' in the UK, the analyst says.


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