Accenture Stock - Berenberg cuts price target as sector derates

Edited by ad hoc news Operations & Strategy Desk. Verified prior to publication on 06/17/2026, 17:02 CET. Details in the imprint.

Accenture plc (IE00B4BNMY34) draws fresh analyst attention after Berenberg lowered its price target on the stock. The move comes against a backdrop of weaker sector valuations, according to an Investing.com summary of the bank’s note.

What Berenberg changed

Berenberg has cut its price target on Accenture shares to $220 from $273 while keeping a Buy rating, according to an Investing.com report on the bank’s latest update on the stock summarizing the Berenberg note.

The broker cites a sector-wide de-rating in IT and consulting names as the main reason for the reduced target, even though it still sees substantial upside from current levels.

Operations and current consensus

Analyst expectations remain relatively constructive: MarketBeat data show a consensus twelve-month price target of about $245.85 on Accenture, implying roughly 48% upside from a current price around $165.84 based on recent NYSE quotes.

According to Investopedia’s preview for the upcoming fiscal third quarter, Wall Street expects Accenture to deliver revenue of about $18.8 billion and adjusted earnings per share of $3.72, both up mid-single digits year-over-year, with bookings seen at roughly $20.97 billion according to the earnings preview.

The product behind the stock

Accenture makes most of its money from consulting and managed services across strategy, technology and operations, with a strong push into cloud migration, data and AI, cybersecurity and industry-specific digital transformation programs for large corporate and public-sector clients worldwide.

Where the stock trades today

The shares of Accenture plc (IE00B4BNMY34) trade on the New York Stock Exchange at $166.21 as of 06/17/2026, 17:02 CET.

This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.