trending Market Intelligence /marketintelligence/en/news-insights/trending/7GLR9VK8qlnWWINVyBUuWQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Moody's upgrades Accenture over 'entrenched' market position

Case Study: Transforming Sales Enablement Data at a Global Advertising and Media Firm

Impact of COVID 19 on US Video Entertainment Trends

Key Credit Risk Factors When Assessing Banks In The Context Of COVID-19

Mining Exploration Insights – May 2020


Moody's upgrades Accenture over 'entrenched' market position

Moody's on March 25 upgraded Accenture PLC's long-term issuer rating to Aa3 from A1, with a stable outlook, citing its "entrenched" market position.

The action reflects Moody's expectations that Accenture will remain the largest independent IT services firm, benefiting from "favorable" trends as companies migrate to digital and cloud-related solutions.

"Accenture's credit profile benefits from a resilient business model supported by long-term relationships with the largest global companies, a stellar reputation, and predictable cash flow," Moody's said.

Accenture has strong liquidity, with no material reported debt, helping it compete with strong rivals in a fast-evolving technology industry.

Moody's projects Accenture's constant-currency revenue to grow by at least mid-single digits over the next two years, with adjusted operating margins near 15%. Operating cash flow is estimated to surpass $6.5 billion annually.