Equities research analysts at Jefferies upgraded shares of Accenture Plc (NYSE: ACN) in a research note to investors on Friday. The analysts currently have a $60.00 price target on the stock, up from $58.00.

Separately, analysts at Citigroup (NYSE: C) raised their price target on shares of Accenture Plc from $60.00 to $64.00 in a research note to investors on Friday. Also, analysts at Barclays Capital (NYSE: BCS) raised their price target on shares of Accenture Plc from $58.00 to $62.00 in a research note to investors on Friday. They now have an “overweight” rating on the stock.

Shares of Accenture Plc traded up 4.48% during mid-day trading on Friday, hitting $54.29. Accenture Plc has a 52 week low of $17.74 and a 52 week high of $56.78. The stock’s 50-day moving average is $51.8 and its 200-day moving average is $47.27. The company has a market cap of $34.780 billion and a price-to-earnings ratio of 18.59.

Accenture Plc last announced its quarterly results on Thursday, March 24th. The company reported $0.75 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $0.72 EPS by $0.03. During the same quarter in the prior year, the company posted $0.60 earnings per share. The company’s quarterly revenue was up 9.3% on a year-over-year basis. On average, analysts predict that Accenture Plc will post $0.79 EPS next quarter.

Accenture plc (Accenture) is a management consulting, technology services and outsourcing company, which has offices and operations in more than 200 cities in 53 countries. Its business is organized in five operating groups and their 19 industry groups. Its five operating groups include communications & high tech, financial services, health & public service, products and resources. In November 2010, the Company acquired Knowledge Rules, Inc., a Philadelphia-based consulting company that focuses on implementing and integrating business solutions using Pegasystems Business Process Management (BPM) software. In November 2010, the Company acquired Beijing Genesis Interactive Technology Co., Ltd., a Beijing-based embedded software services company that provides mobile software outsourcing services and solution licensing for companies in China.

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