1 ACCELYA share price target reports by brokerages below. See what is analyst's view on ACCELYA share price forecast, rating, estimates, valuation and prediction behind the target. You may use these research report forecasts for long-term to medium term for your investment or trades in 2020.
The company reported a subdued Q3FY20 performance. Further, considering its exposure to the troubled verticals, we expect FY21E revenues & margins to remain under pressure. Although Accelya is expecting a recovery from Q3 of this calendar year, we remain sceptical on the same. Further, we believe the company’s cash flow could be impacted due to higher DSO days and in the event of a client going bankrupt. We believe the company will conserve cash and may not pay dividend. We lower our EPS estimates for FY21E, prompting a downgrade of the stock from HOLD to REDUCE with a revised target price of Rs 820/share
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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