Accenture : The recent de-rating vs peers represents a good entry point as growth seems to have reached a trough
Over the last four months, Accenture has seen a relative de-rating vs its global peers, and is now showing a premium of 21% (vs 40% in February/March and vs 23% on average over 5 years), while its growth seems to have reached a trough and should rebound more strongly than the rest of the sector. We think that Accenture appears well positioned to capture the market opportunity related to generative AI, and thus continue its outperformance on the operating and stock market fronts i...
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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