Why Accenture Stock Raced Higher Today
On news of a fresh business partnership, investors eagerly snapped up shares of top consultancy (NYSE: ACN) on Monday. They pushed the company's stock up by almost 3% in price on the day, comparing favorably to the 0.6% rise of the S 500 (SNPINDEX: ^GSPC).
In a joint press release, Accenture and Siemens (OTC: SIEGY) formally announced that they have formed the Accenture Siemens Business Group. The two companies said this entity would focus on the development and marketing of solutions that blend automation and industrial artificial intelligence (AI).
Accenture Siemens Business Group will leverage Accenture's data and AI technology, and Siemens' Xcelerator digital business platform.
Source Fool.com
Accenture plc A Stock
€245.05
0.370%
With 34 Buy predictions and not a single Sell prediction Accenture plc A is an absolute favorite of our community.
With a target price of 356 € there is a positive potential of 45.28% for Accenture plc A compared to the current price of 245.05 €.
