TCS slips post Q4: 11 brokerages suggest how to maximise returns now

TCS slips post Q4: 11 brokerages suggest how to maximise returns now
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TCS slips post Q4: 11 brokerages suggest how to maximise returns now
  • 
	TCS stock got a muted response after the company met expectations with dollar revenues rising 3 percent and profits going up by over a percent on a sequential basis.

	Tata Consultancy Services fourth quarter consolidated net profit jumped 1.3 percent quarter-on-quarter (22 percent from a year ago) to Rs 3,597 crore. Consolidated revenue for the three-month period was at Rs 16,430 crore, up 2 percent over the previous quarter and 24 percent YoY.

	So, here's what brokerages suggest to maximise returns

    TCS stock got a muted response after the company met expectations with dollar revenues rising 3 percent and profits going up by over a percent on a sequential basis. Tata Consultancy Services fourth quarter consolidated net profit jumped 1.3 percent quarter-on-quarter (22 percent from a year ago) to Rs 3,597 crore. Consolidated revenue for the three-month period was at Rs 16,430 crore, up 2 percent over the previous quarter and 24 percent YoY. So, here's what brokerages suggest to maximise returns

  • 
	CLSA

	Rating:  Outperform

	Target price: 1,650/share

    CLSA Rating:  Outperform Target price: 1,650/share

  • 
	JP Morgan

	Rating: Neutral

	Target price: Rs 1575/share

    JP Morgan Rating: Neutral Target price: Rs 1575/share

  • 
	UBS

	Rating: Buy

	Target price: Rs 1850/share

    UBS Rating: Buy Target price: Rs 1850/share

  • 
	Credit Suisse

	Rating: Outperform

	Target price: Rs 1760/share

    Credit Suisse Rating: Outperform Target price: Rs 1760/share

  • 
	BofA ML

	Rating: Buy

	Target price: Rs 1700/share from Rs 1575/share
	 

    BofA ML Rating: Buy Target price: Rs 1700/share from Rs 1575/share  

  • 
	Morgan Stanley

	Rating: Overweight

	Target price: Rs 1670/share
	 

    Morgan Stanley Rating: Overweight Target price: Rs 1670/share  

  • 
	Goldman Sachs

	Rating: Neutral

	Target price: Rs 1520/share

    Goldman Sachs Rating: Neutral Target price: Rs 1520/share

  • 
	Citi

	Rating: Neutral

	Target price: Rs 1625/share

    Citi Rating: Neutral Target price: Rs 1625/share

  • 
	Barclays

	Rating: Equal weight

	Target price: Rs 1475/share from Rs 1355/share

    Barclays Rating: Equal weight Target price: Rs 1475/share from Rs 1355/share

  • 
	HSBC

	Rating: Overweight

	Target price: Rs 1785/share

    HSBC Rating: Overweight Target price: Rs 1785/share

  • 
	Deutsche Bank

	Rating: Buy

	Ttarget Price: Rs 1670/share

    Deutsche Bank Rating: Buy Ttarget Price: Rs 1670/share

  • 
	TCS stock got a muted response after the company met expectations with dollar revenues rising 3 percent and profits going up by over a percent on a sequential basis.

	Tata Consultancy Services fourth quarter consolidated net profit jumped 1.3 percent quarter-on-quarter (22 percent from a year ago) to Rs 3,597 crore. Consolidated revenue for the three-month period was at Rs 16,430 crore, up 2 percent over the previous quarter and 24 percent YoY.

	So, here's what brokerages suggest to maximise returns
  • 
	CLSA

	Rating:  Outperform

	Target price: 1,650/share
  • 
	JP Morgan

	Rating: Neutral

	Target price: Rs 1575/share
  • 
	UBS

	Rating: Buy

	Target price: Rs 1850/share
  • 
	Credit Suisse

	Rating: Outperform

	Target price: Rs 1760/share
  • 
	BofA ML

	Rating: Buy

	Target price: Rs 1700/share from Rs 1575/share
	 
  • 
	Morgan Stanley

	Rating: Overweight

	Target price: Rs 1670/share
	 
  • 
	Goldman Sachs

	Rating: Neutral

	Target price: Rs 1520/share
  • 
	Citi

	Rating: Neutral

	Target price: Rs 1625/share
  • 
	Barclays

	Rating: Equal weight

	Target price: Rs 1475/share from Rs 1355/share
  • 
	HSBC

	Rating: Overweight

	Target price: Rs 1785/share
  • 
	Deutsche Bank

	Rating: Buy

	Ttarget Price: Rs 1670/share

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