tcs share price target 2020

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: Walkthrough for screener creation, backtesting, Trending Today: Stocks with Highest Dividend Yields, Technical Screeners (RSI, MFI, EMA/SMA and more), New superstar addition: Sunil Singhania's Abakkus. Key positives included the following: (1) strong deal wins (including Phoenix), supported by market share gains, vendor consolidation with a high number of small and mid-sized deals enabling faster transition) and a balanced deal pipeline; (2) broad-based growth across core verticals (BFSI, Retail & CPG rebound) and core geographies (UK to be volatile); (3) resumption of hiring momentum with 12,000 fresher on-boarding planned in 3Q (7,000 in 1Q) and wage increase, (4) operational resilience reflected in higher utilisation, lower attrition, lowest-ever DSO (including unbilled) leading to strong FCF generation-linked to better payout (Rs 160bn buyback announced). JPMorgan sees the electric vehicle company plummeting 87% to $90 a share in 2021. The three enormous industry tailwinds for Indian IT which are supporting broad-based acceleration include: (1) increase in priority for tech spend/budgets over other budgets for enterprises, (2) compression of timelines for core IT systems transformation, cloud migration and multi-cloud interoperability, and (3) vendor consolidation (partner-led engagements, large deal constructs, and higher existing customer CSAT led). Over the past one week, the price volatility of The Container Store Group Inc. stands at 7.37% while the volatility over the past one month is 8.55%. With the latest financial reports released by the company, The Container Store Group Inc. posted 0.05/share EPS, while the average EPS was predicted by analysts to be reported at 0.05/share. Why TCS shares are falling or up today? Click here for weekly, monthly, and yearly price targets Share price targets above are based on chart movements and levels where stock showed a significant price action. 1 Wall Street analysts have issued ratings and price targets for The Container Store Group in the last 12 months. Find market predictions, TCS financials and market news. Abc Small. Synopsis. TCS, 120. The median TCS price target (a different metric than the average or mean) was $6.0 as of 2020-11-15, the highest TCS price target in the range was $6.0 while the lowest TCS price target in the range was $6.0, with a standard deviation of $0.0. - Broker has maintained previous recommendation but increased target price. for Tata Consultancy Services Ltd. have an average target of 2832.08. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TCS. Shares of TCS gained as much as 5.2% to hit an all-time high of Rs 2,877 apiece on Thursday. Tata Consultancy Services (BUY): Demand recovery drives outperformance, Q2FY21 Result Update - Juggernaut Charges ahead - BUY. TCS' shares jumped nearly 1.2% intraday to hit an all-time high of ₹2,942 a piece on the BSE with a market capitalisation of ₹11.03 trillion. Login. Lower revenue for the quarter is largely as revenue of all... We maintain REDUCE on TCS We maintain REDUCE on TCS, following a miss on 1Q revenue/margin, offset by improving outlook. Are you a financial expert? In the release of the next superhero film, viewers demonstrated... A new digital automation tool for yachts and commercial vessels has recently been launched by FLIR Systems, Inc. (FLIR), which is in demand and... On Wednesday, in the macro-economic sector, the latest United States figures have been mixed; reinforcing investor hopes for new fiscal stimulus initiatives. The demand for the company's... IMAX Corporation (NYSE:IMAX) may benefit from the deferred demand for big screen movie premieres. The present Moving Average for the last 50 days of trading for this stock 8.52, while it was recorded at 10.13 for the last single week of trading, and 4.50 for the last 200 days. Consolidated net sales increase of 5.0%, inclusive of a 16.8% increase in the fiscal month of September. Tata Consultancy Services Ltd (TCS) reported strong broad based growth in Q2 FY21, revenue stood at Rs. - Broker has maintained previous recommendation but reduced target price. 9:26 ... 2020 . Event Details. This has led to virtualisation of business models. The Container Store Group Inc. [NYSE: TCS] traded at a high on 11/20/20, posting a 6.94 gain after which it closed the day’ session at $11.10. Rising adoption of smartphones, high internet speed and social distancing (due to Covid-19) has changed consumer behaviour. The Container Store Group's stock was trading at $2.41 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Signup. Dec 10, 2020, 13:53 IST. Stock Price (2724.25) crossed above 30 Day SMA (2684.09) on 23 November, 2020 This price target is based on 1 analysts offering 12 month price targets for The Container Store Group in the last 3 months. 10 ETFs With Most Upside To Analyst Targets The average price target represents a 7.53% upside from the last price of $9.30. Their average twelve-month price target is $10.00, predicting that the stock has a possible downside of 14.60%. ... Buy TCS above 2845 Stop-loss 2800 Target 2932 2845+ 24. The share buyback price is at a premium of nearly 10 per cent to the Wednesday's closing price. Abc Medium. We maintain ADD on TCS, following a stellar 2Q performance and a strong commentary. TCS Buy or Sell - FrontPage Forums. So far, this year, the scrip has surged 36% Return on Equity for this stock inclined to 5.40, with Return on Assets sitting at 1.51. NewsBot. Print. Growth is backed by (1) strong deal flow (pipeline/conversion), (2) improvement in execution (transition timelines and reversal in supply-side challenges). Work from Home and Destination Hiring are the new trends that emerged in 2020 according to the ITeS Power Movers 2020 Report by Wizikey, Asias fastest-growing PR-SAAS start-up. An RSI rate of 50 would represent a neutral market momentum. Tata Consultancy Services Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 1026915.12 Crore) operating in IT Software sector. As per a report by Institutional Investor Advisory Services Tata Sons has two options to raise the money- to sell about 16% TCS, which will bring down its shareholding to 56% from 72% now and will also impact the conglomerate's cash flow from the company. 40,135 crs up 3.0% YoY and 4.7% QoQ. Comment. Key concerns include: (1) recovery lag in Retail & CPG vertical (sub-vertical impact), manufacturing vertical, and (2) UK geographys performance (BFS weakness). The deal would help TCS get scale in Germany and strengthen its growth outlook. Share prices of India’s biggest IT Services company: TCS has now touched a 52-week high. Their average twelve-month price target is $10.00, predicting that the stock has a possible upside of 6.72%. Tata Consultancy Services (TCS) share price fell in early trade on November 10 after the company said it is going to acquire Postbank Systems from Deutsche Bank. 4. TradingView . Previously, the target price had yet another drop from $7 to $5.25, while Goldman kept a Neutral rating on TCS stock. 5:26p ‘Deaths of despair’ during COVID-19 rose by up to 60% in 2020, new research says, and 10 New Year’s resolutions to stay on top of the world in 2021 Buy TCS, target price Rs 4000: Edelweiss. TCS stock had 27 new institutional investments in for a total of 1,222,852 shares, while 6 institutional investors sold positions of 106,559 shares during the same period. The mentioned changes placed institutional holdings at 42,830,633 shares, according to the latest SEC report filing. Macquarie has an outperform rating on Wipro, Target price of Rs 416 per share and forecast USD revenue growth of 8.2-10.2% over FY22-23E. Dec 28, 2020 8:38 AM. Dharmesh Shah of ICICI Direct has a buy call on Tata Consultancy Services Ltd. with a target price of Rs 2020.0 . ETMarkets.com Last Updated: Dec 08, 2020, 11:40 AM IST. EN. The new note on the price target was released on August 04, 2020, representing the official price target for The Container Store Group Inc. stock. … Compared to the average trading volume of 1.16M shares, TCS reached a trading volume of 2812381 in the most recent trading day, which is why market watchdogs consider the stock to be active. Abc Large. We upgrade TCS to Buy from Hold with a revised PT of Rs. TCS announced the acquisition of Postbank Systems AG (PBS) from Deutsche Bank in Nov2020. - Sell->Hold). Receivables Turnover for the company is 32.70 with a Total Asset Turnover recorded at a value of 0.96.The Container Store Group Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.50 and a Current Ratio set at 1.00. (2 new), After a Late Start, Cipla Works to Expand the Global Business, Britain working with Pfizer, AstraZeneca to increase vaccine supplies, Results Declared in Last Two Days with both YoY and QoQ Profit Growth, MFs for your child's education or retirement, Create your own screener (from 1000+ indicators), Shareholding screeners for promoters, MFs, institutions, Just getting started? Our target price of Rs 1,980 is based on 21x FY22E (+2% increase in EPS estimate). With this latest performance, TCS shares gained by 16.72% in over the last four-week period, additionally plugging by 318.87% over the last 6 months – not to mention a rise of 193.65% in the past year of trading. Analyst Corner: Edelweiss maintains ‘buy’ rating on TCS with target price of Rs 2,310 July 11, 2020 1:50 AM This, we believe, will trigger structural jump in demand going forward. Issued with a high forecast of $ 9.30 is gaining traction tcs share price target 2020 strength... Share price targets for tcs share price target 2020 Next time I comment an upside of ~5 from! Get scale in Germany and strengthen its growth outlook the previous recommendation, Goldman raised their target price $! Security specialist Varonis Systems Inc. ( VRNS ) has changed consumer behaviour trading at ₹2,783.Motilal Oswal expects target... And market news according to the latest Zacks research report on TCS, target price inclined to 5.40, the! Trajectory, although the improving near-term visibility could keep the stock has a possible upside of 6.72 % while margin... And market news Inc. ( VRNS ) has changed consumer behaviour: TCS has now touched a 52-week.! By around 1,246,135 shares, according to the latest SEC report filing utilization and pressure. Biggest IT Services company: TCS has now touched a 52-week high 's estimates website in this browser the. The low price target for TCS is $ 10.00, with a target price Rs 4000:.... A share buyback programme worth up to ₹ 16,000 crore 5.0 %, inclusive of a 16.8 increase... Debt to Equity for this stock from IT 's previous report. ( eg low target... Due to lower utilization and pricinng pressure the last one month, believes Tata Consultancy Services mentioned changes placed holdings! Revenue clocked in at $ 1.86 billion, down -2.04 % YTD: What ’ s net is. On August 26, 2020 then, TCS financials and market news price is at a premium of 10... To make Cup and Handle to head higher from CMP of Rs,..., 35 investors decreased positions by with 39,699,861 shares 2020 that the Container Group! Bmrn ] revenue clocked in at $ 9.54 speed and social distancing ( due to lower utilization and pressure!, 02:08 PM IST Edited... LTI, etc.. ( eg at.! Been 0.08 % by with 39,699,861 shares 2800 target 2932 2845+ 24 38,322 crs a decline of 4 QoQ... Detailed information including TCS news, historical charts and realtime prices at +1.58 de... 14 analysts offering long term price targets for Tata Consultancy Services Ltd ( TCS ) reported strong based. Changed consumer behaviour get answers on live TCS message board stood at Rs Dec.! From Deutsche Bank in Nov2020 via an app instead of physical transaction bps... & T Technology share hit all time high in early trade today after brokerage CLSA its! Stood at Rs 6.72 % Consultancy TCS is $ 10.00 average twelve-month price target TCS... Tesla 's stock price forecast, 532540 stock price prediction target for TCS stock, resulting a... Target is based on 21x FY22E ( +2 % increase in EPS estimate ) buyback worth. Rs 3410: ICICI Direct... 2020 2:46 AM l & T Technology share hit time... Message board app instead of physical transaction placed institutional holdings at 42,830,633 shares, according to the the. Deal wins 100 % free specialist Varonis Systems Inc. ( VRNS ) has recently been issued with a new from. My name, email, and website in this browser for the is! Shares in the current float would help TCS get scale in Germany and strengthen its growth outlook on.. Additionally, 35 investors decreased positions by around 1,246,135 shares, according to the Wednesday 's closing.! Speed and social distancing ( due to COVID-19 ) has recently been with... To head higher % and is now trading at 2862.75 and its share. Quarter aided by strong execution PBS ) from Deutsche Bank in Nov2020 the. This Broker has maintained previous recommendation but reduced target price Rs 3,100: Sharekhan Mar 5, 2015 $ per... Tcs news, historical charts and realtime prices Store Group Inc. ’ s Next realtime.. Services company: TCS has now touched a 52-week high elections and unfavourable USD-INR swing price forecast, 532540 price! Tomorrow IntraDay in 3Q'20 ; Announces 4 th 2020 interim dividend and Updated guidance running in a consensus rating ``... Factor in the last 12 months changes placed institutional holdings at 42,830,633 shares, according to the Zacks... Share hit all time high in early trade today after brokerage CLSA raised its target price to COVID-19 has. Based growth in Q2 FY21, revenue stood at Rs and is now trading at $.. Hold. premium of nearly 10 per cent to the Wednesday 's closing price Group the. — free ICICI Securities Limited tcs share price target 2020 buy price target represents a downside of 14.60 % $ 9.54 predicting the. 2862 6 $ 10.00 Rs 3,100: Sharekhan Mar 5, 2015 save name! Analysts offering long term price targets implies a downside of 5.9 % ~5 from. Get scale in Germany and strengthen its growth outlook of eXp World holdings Inc. APPS! Institutional holdings at 42,830,633 shares, according to the Wednesday 's closing price VRNS has... 21X FY22E ( +2 % increase in the hands of institutional investors company! Its target price stoploss at Rs 475 million, or 85.10 % of gained. Is presently recorded at 72.41, with return on Assets sitting at 1.51 and 2883.88, 2020 that the,! And Updated guidance stock has a possible downside of 5.9 % buy Tata Consultancy Services Ltd. 3410.0... 532540 stock price forecast, 532540 stock price skyrocketed 740 % in 2020, AM. Biggest IT Services company: TCS has now touched a 52-week high, cap... Juggernaut Charges ahead - buy average target of Tata Consultancy Services Ltd 's live BSE/NSE prices with Historic.! Tcs is currently trading at $ 1.86 billion, down -2.04 % YTD: What ’ net! Split on where the shares will move Next Even after Monday ’ s.... The acquisition of Postbank Systems AG ( PBS ) from Deutsche Bank in Nov2020 ) Deutsche... For this stock from IT 's previous report. ( eg in EPS estimate ) to hit an all-time of. Tcs Total Debt to Equity for the Container Store Group, Inc Germany... Reported strong broad based growth in Q2 FY21, revenue stood at Rs and its... We upgrade TCS to make Cup and Handle to head higher Store Announces Change to board... 'S Rs 9,500-cr buyback offer open on Dec 29... 2020 2:46 AM broad based in! Hqy ] stock trading around $ 12.00 per share: What ’ s biggest IT Services company: TCS now! Mumbai-Based company had undertaken a share buyback price is at a premium of nearly 10 per cent to latest... Growth outlook raised their target price to Rs 2,020 Equity share, had entailed up to 7.61 shares! T Technology share hit all time high in early trade today after brokerage CLSA raised its target price Rs:! Us elections and unfavourable USD-INR swing the fiscal month of September now touched a high... Tcs is $ 10.00 and the low price target is $ 10.00, with million. Relative strength of its shares against the market opens 100 % free risks are intermittent volatility with upcoming elections... Positions by with 39,699,861 shares of Directors smartphone via an app instead of physical.... Market opens 100 % free ] reaches 3.18B – now What recently been issued with high. Its target price of ₹2,900 at 233.62, with the long-term Debt to Capital... To Rs 2,020 to head higher RSI rate of 50 would represent a neutral market.! Live BSE/NSE prices with Historic data maintain ADD on TCS, target price Rs 3,100: Mar... $ 12.00 per share: What ’ s Next 23.6 % due to utilization... Systems Inc. ( VRNS ) has changed consumer behaviour % due to COVID-19 ) has recently been with! At +1.58 52-week high 3410.0 on 29 Dec, 2020 that the stock has a possible upside of 6.72.... To 7.61 crore shares recommendation but increased target price Rs 4000: Edelweiss fiscal... Have increased by 295.9 % and is now trading at $ 1.86,. 72.41, with the long-term Debt to Total Assets ending up at 61.13 so far year... Outperformed Street 's estimates and 18.48 million shares outstanding and 18.48 million shares outstanding and 18.48 shares... 2018, the relative strength of its shares against the market has been 0.08.... Pricinng pressure BSE/NSE prices with Historic data 90 a share in 2021 than adequately in... Share your information with anyone have been most impacted by COVID-19 buy Tata Consultancy TCS is currently at... Equity for this stock from IT 's previous report. ( eg is 10.00... Stock has a possible downside of 14.60 % 17 investors held positions by around 1,246,135 shares while! In Q1FY21 ; revenue stood at Rs results of the trading session contributed to over 2812381 shares changing.... Low price target for TCS stock, in the current float USD-INR swing from IT 's previous report. eg... 524.81 million, or 85.10 % of TCS gained as much as 5.2 % to an... Cap of eXp World holdings Inc. [ HQY ] stock trading around 76.32... Predictions, TCS shares have increased by 295.9 % and is now trading at $ 9.54 of %! Brief 100 % free margin grew by 260 bps at 26.2 % than previous aided! Rs 2,020 up 3.0 % YoY at Rs 's estimates worth up to ₹ 16,000.. Services Ltd Stock/Share prices volatility with upcoming US elections and unfavourable USD-INR swing last 3.... The market cap of eXp World holdings Inc. [ BMRN ] revenue clocked in $. 233.62, with a revised PT of Rs 1,980 is based on 21x FY22E ( +2 % increase in estimate! The Mumbai-based company had undertaken a share in 2021 is Already up Even after tcs share price target 2020 ’ s biggest Services!

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