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FSL Price Target Potential
| Brokerage | Target | Potential |
|---|---|---|
| ICICIdirect.com | 162 | 36.27% |
FSL Ratings
Long term FSL rating by FrontPage users
- ★★
- ★★
- ★★
- ★★
- ★★
NaN/5 ( Ratings)
FSL share price target reports by brokerages below. See what is analyst's view on FSL 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.
FSL Share Price Target
FSL Share Price Target - Broker Reports - 2022
ICICIdirect.com
Price @ Call: 153
7-Feb-22
Target: 162
HOLD
FSL Share Price Target - Broker Reports - 2021
ICICIdirect.com
Price @ Call: 173
25-Nov-21
Target: 180
HOLD
ICICIdirect.com
Price @ Call: 194.7
30-Jul-21
Target: 220
HOLD
FSL Share Price Target - Broker Reports - 2020
Dolat Capital
Price @ Call: 42.81
4-Feb-20
Target: 62
BUY
FSL has also narrowed down its guidance band - implies strong sequential growth rate (~4-5%; FY20 growth 7.5%-8.5%) and sustained OPM (guided OPM band 11%-11.2%). We believe the strategic initiatives devised by the new CEO may have a short-term impact on its profitability (OPM in FY19 was 12%), but would add more stability and drivers to the revenue profile. Post the earnings, we have kept our estimates largely unchanged and maintain our Buy rating on the stock with TP of ` 62 (valued at 10x PE on FY22E).
Dolat Capital
Price @ Call: 42.57
7-Feb-20
Target: 62
BUY
Firstsource (FSL) reported strong results, with a sequential revenue growth of 4.7% in CC terms (our estimate was 4%) and OPM gains of about 240bps QoQ at 11.2% (our estimate was 9.9%). The revenue growth was led by all round performance across segment and sustained robust growth in the mortgage business (accounts 19% of revenues and grew 34% QoQ and 114% on YoY basis). OPM make a strong comeback on robust operating leverage and normalization due to absence of one-time cost of about `170mn for the leadership change (recruit fee, exit/overlap cost of departing CEO). FSL has also narrowed down its guidance band - implies strong sequential growth rate (~4-5%; FY20 growth 7.5%-8.5%) and sustained.OPM (guided OPM band 11%-11.2%). We believe the strategic initiatives devised by the new CEO may have a short-term impact on its profitability (OPM in FY19 was 12%), but would add more stability and drivers to the revenue profile. Post the earnings, we have kept our estimates largely unchanged and maintain our Buy rating on the stock with TP of ` 62 (valued at 10x PE on FY22E).
FSL Share Price Target - Broker Reports - 2019
ICICIdirect.com
Price @ Call: 48.9
5-Feb-19
Target: 55
BUY
FSL Share Price Target - Broker Reports - 2018
Sharekhan
Price @ Call: 69.45
7-Aug-18
Target: 75
HOLD
ICICIdirect.com
Price @ Call: 64.03
8-May-18
Target: 87
BUY
FSL Share Price Target - Broker Reports - 2017
Sharekhan
Price @ Call: 38.46
13-Nov-17
Target: 45
HOLD
ICICIdirect.com
Price @ Call: 39.55
7-Nov-17
Target: 47
BUY
ICICIdirect.com
Price @ Call: 34.45
9-Aug-17
Target: 40
BUY
Sharekhan
Price @ Call: 34.45
9-Aug-17
Target: 37
HOLD
Axis Direct
Price @ Call: 40
10-May-17
Target: 52
BUY
ICICIdirect.com
Price @ Call: 39
8-May-17
Target: 45
BUY
ICICIdirect.com
Price @ Call: 40
3-Feb-17
Target: 46
BUY
FSL Share Price Target - Broker Reports - 2016
Dynamic Levels
Price @ Call: 38.3
23-May-16
Target: 45
BUY
Religare
Price @ Call: 40
13-May-16
Target: 50
BUY
ICICIdirect.com
Price @ Call: 47.76
28-Jul-16
Target: 54
BUY
Dynamic Levels
Price @ Call: 40.5
24-Jun-16
Target: 50
BUY
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SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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