Accenture: Oddo BHF remains positive ahead of Q1 results
(CercleFinance.com) - Oddo BHF confirms its 'outperform' rating on Accenture shares, along with its $419 target price, ahead of its Q1 2025 earnings call, scheduled for 19 December before the market opens in NY.
It is trimming its figures for 2025, anticipating +5.7% growth at constant exchange rates, with an operating margin of 15.7%, in order to take into account the worsening outlook for the Auto & Aero sectors and for Europe in general.
The broker nevertheless believes that within the IT Services sector, Accenture can still outperform its peers - particularly European players - thanks to its favourable geographic and sector mix.
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