FrontPage is India's Stock Market Social Network
Join 50,000+ Traders and Investors

MASTEK Consensus Forecast

No. of reports in last year
3
No. of analysts
2
Average Consensus Forecast
411.67
Consensus Potential
-115.39%

MASTEK Price Target Potential

BrokerageTargetPotential
ICICIdirect.com385-124.49%
HDFC Securities505-71.15%

MASTEK Targets in FrontPage Forums

1 Users have submitted 1 trade ideas of Rs. 86,000 for MASTEK
0% Bullish
100% Bearish
See buy or sell ideas on FrontPage Forums >>

MASTEK Ratings

Long term MASTEK rating by FrontPage users
4/5 (3 Ratings)

3 MASTEK share price target reports by brokerages below. See what is analyst's view on MASTEK 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.
  1. Home
  2. MASTEK Forum
  3. MASTEK Price Target

MASTEK Share Price Target

MASTEK Share Price Target - Broker Reports - 2020

11-Feb-20
Price @ Call: 418.75
Target: 385
REDUCE
The company’s acquisition in the US has suffered on both the revenue and profitability front. Further, elevated attrition levels (24.1% inQ2FY20) and high dependence on top clients are also near term challenges. In addition, we believe that 30% of Evosys revenues (that are on premise) are subject to cannibalisation. Also, with margin pressure and stagnant growth in Middle East revenues, we remain cautious on the stock and maintain our REDUCE rating on the stock with a revised target price of Rs 385/share.
... Read more

MASTEK Share Price Target - Broker Reports - 2019

21-Nov-19
Price @ Call: 368.87
Target: 345
REDUCE
The company’s acquisition in the US has suffered on both the revenue and profitability front. Although the US operations have shown some signs of an improvement, it will still take time for a complete turnaround. In addition, the company’s aim to further grow through acquisition poses a risk to profitability and balance sheet. Further, elevated attrition levels (24.1% in Q2FY20) and high dependence on top clients are also near term challenges. At the CMP, the stock is trading at an attractive valuation of ~9x FY21E EPS. While valuations appear to be cheap optically, it is largely on account of weak near term growth outlook coupled with acquisition led strategy. Hence, we recommend REDUCE on the stock with a target price of Rs 345/share.
... Read more
18-Oct-19
Price @ Call: 339.94
Target: 505
BUY
We maintain BUY on Mastek despite slight miss on revenue and margins. Brexit deal announcement is positive but we do not build any optimism in our estimates and will wait for clarity. We cut our EPS est. by ~5% for FY21E. SoTP based TP of Rs 505 implies 9x Sep- 21E EPS plus Rs 94/sh for 12% stake in Majesco US.
... Read more
29-Jul-19
Price @ Call: 384
Target: 618
BUY
We maintain BUY on Mastek following a weak 1Q on revenues but stable margin performance. US turnaround is faster than expected and order book growth is encouraging. We cut est. by ~4% factoring soft UK Pvt. Our SoTP of Rs 618 implies 11x FY21E EPS plus Rs 94/sh for 12% stake in Majesco US.
... Read more
18-Apr-19
Price @ Call: 458.31
Target: 670
BUY
Mastek’s Q4 revenue was $37.9m, up 1.7% q/q, 9.5% y/y (CC: 1.9%, 15.2%). The UK slowed (up only 3.6% q/q, 16% y/y) on delays in projects signed/one ramp-down impact. The US performance dragged (down 4.8% q/q, 10% y/y) but restructuring measures are likely to yield results in FY20. The EBITDA margin rose to 13.2%, up 40bps q/q. On the in-line results, we retain our estimates and Buy call, with a target of Rs 670 (12x FY21e). The Majesco stake contributes Rs 91 a share.
... Read more
30-Mar-19
Price @ Call: 443.92
Target: 660
BUY
Mastek is blessed with lower exposure to Legacy (Digital is ~80% of rev) but generates low-teen margins (~13%) due to higher on-site rev mix (~72% vs mid-cap avg. of ~55%). Mastek is well placed to generate revenue/EPS CAGR of 15/16% over FY19-21E (despite US softness and Brexit uncertainty) and is available at attractive valuations of 8.3x FY21E vs mid-cap avg. of ~13x. Stake in Majesco US (~Rs 79/share), net cash position (Rs 82/share) provides additional comfort. We Initiate coverage with a BUY rating and a TP of Rs 660, based on 11x FY21E EPS.
... Read more

MASTEK Share Price Target - Broker Reports - 2018

26-Oct-18
Price @ Call: 429.1
Target: 670
BUY
19-Jul-18
Price @ Call: 510.65
Target: 730
BUY
Join FrontPage
FrontPage is India's favorite stock discussions community
Join 50,000 Indian traders and discuss trades, strategies, news & views on any stock.
  • MASTEK Share Price Target Today- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3906.2
    Upside Target 2890.1
    Upside Target 1877.2
    Pivot861.1
    Downside Target 1848.2
    Downside Target 2832.1
    Downside Target 3819.2
  • MASTEK Share Price Target weekly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 31,035.75
    Upside Target 2979.2
    Upside Target 1920.55
    Pivot864
    Downside Target 1805.35
    Downside Target 2748.8
    Downside Target 3690.15
  • MASTEK Share Price Target monthly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3960.9
    Upside Target 2862.45
    Upside Target 1770.8
    Pivot672.35
    Downside Target 1580.7
    Downside Target 2482.25
    Downside Target 3390.6
  • MASTEK Share Price Target today- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3890.1
    Upside Target 2879.02
    Upside Target 1872.18
    Pivot861.1
    Downside Target 1850.02
    Downside Target 2843.18
    Downside Target 3832.1
  • MASTEK Share Price Target weekly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3979.2
    Upside Target 2935.19
    Upside Target 1908.01
    Pivot864
    Downside Target 1819.99
    Downside Target 2792.81
    Downside Target 3748.8
  • MASTEK Share Price Target monthly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3862.45
    Upside Target 2789.83
    Upside Target 1744.97
    Pivot672.35
    Downside Target 1599.73
    Downside Target 2554.87
    Downside Target 3482.25
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
DISCLAIMER: Information is provided "as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and FrontPage will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein.
PrivacyTerms
FrontPage © 2020