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Accenture Ltd. (ACN) [hlAlert]

Hold ACN

Accenture Ltd. (ACN) downgraded to Hold by Argus

Posted on: Tuesday,  Mar 31, 2009  8:25 AM ET by Argus

Argus rated Hold Accenture Ltd. (NYSE: ACN) on 03/31/2009. Previously Argus rated Buy Accenture Ltd.
(NYSE: ACN) on 12/04/2008., when the stock price was $29.71. Since then, Accenture Ltd. has lost 7.14% of its value until Argus rated ACN Buy on 03/31/2009, when the price was $27.59. .

Accenture plc is a management consulting, technology services and outsourcing company. The Company helps clients improve operational performance, deliver their products and services, increase revenues in markets and identify and enter new markets. Its business is organized in five operating groups: Communications & High Tech, Financial Services, Health & Public Service, Products and Resources. In October 2009, the Company acquired Symbian Professional Services from Nokia Corporation.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/8/2015 8:25 AM Buy
96.34 108.00
as of 12/31/2009
1 Week up  23.31 %
1 Month up  24.36 %
3 Months up  35.52 %
1 YTD up  19.67 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/27/2011 9:25 AM Buy
56.28 66.00
12/20/2010 9:25 AM Buy
49.97 58.00
10/5/2009 8:25 AM Buy
37.66 50.00
3/31/2009 8:25 AM Hold
12/4/2008 8:25 AM Buy
29.71 38.00
10/15/2008 9:25 AM Buy
32.06 40.00

(*) Stock Price at the time of the recommendation.
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