Accenture Q3-2010 Tomorrow, An Earnings Round Up

Lisa Chapman, Big4.com

June 23, 2010

Accenture reports its third quarter 2010 earnings tomorrow, Thursday, June 24, 2010 just after market close. Wall Street analysts are expecting $5.48 billion in revenue and 69 cents a share EPS.

There have been a number of developments prior to this release. Recently, Citi maintained its Buy rating on the stock with a target price of $50.

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Citigroup (NYSE: C) Reiterates "Buy" on Accenture Ltd (NYSE: ACN)

June 19, 2010

Susan Black, Big4.com

Citibank is maintaining its "Buy" rating on Accenture stock and their price target of $50.00.

Accenture has 21 Wall Street analysts following with a mean target price of $47 with a low of $37 and high of $55. So Citi is slightly higher than the average analyst in the crowd, but well below the most optimistic. The stock has an average rating of 2.1 with 1.0 being a strong buy and 5.0 being a sell, so 2.1 is about a Buy. Citi is toeing the line on the rating.

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