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

OFSS Consensus Forecast

No. of reports in last year
0
No. of analysts
0
Average Consensus Forecast
Consensus Potential
0.00%

OFSS Price Target Potential

BrokerageTargetPotential

OFSS Targets in FrontPage Forums

0 Users have submitted 0 trade ideas of Rs. 0 for OFSS
0% Bullish
0% Bearish
See buy or sell ideas on FrontPage Forums >>

OFSS Ratings

Long term OFSS rating by FrontPage users
0/5 (0 Ratings)0

0 OFSS share price target reports by brokerages below. See what is analyst's view on OFSS 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. OFSS Forum
  3. OFSS Price Target

OFSS Share Price Target

OFSS Share Price Target - Broker Reports - 2018

16-Aug-18
Price @ Call: 4012.62
Target: 4650
BUY
Despite the decline in new license revenue, OFSS has seen healthy deal signings in the new license sales; bookings have grown 40% YoY to USD 28mn as on Q1FY19 led by the new OBP deal win. The management indicated of one more large OBP deal in the pipeline and expects license revenue to cross USD 100mn for full year FY19 (over 13% YoY growth in bookings) we have estimated license revenue growth of 14% YoY in FY19. This will have a positive impact on the implementation and maintenance revenue which is too slated to grow by 7% and 9% respectively in FY19; however, we expect growth in implementation not to be strong enough as large portion of the work continues to get passed on to partners. Services and KPO segment which contribute 11% of revenue together are expected to report muted single digit growth in the near term. Headwinds persist for the margin in product segment in the form of higher R&D in anticipation of new product launches; expect EBITDA margin to remain in a narrow band of 40.6%-41.3% over the next two years. We upgrade our earnings estimates by 9% for FY20/FY21 factoring positive impact of rupee depreciation and slightly higher growth imp./AMC revenue. We upgrade OFSS to an Accumulate (Reduce earlier) rating and rollover to a Sep’19 target price of ` 4,650 (` 4,250 earlier) based on 21.5x one-year fwd.
... Read more
6-Mar-18
Price @ Call: 3757.96
Target: 4480
BUY
Upgrade to BUY. The stock has underperformed the BSE IT Index by 19% YTD and the PER gap vs. global peers such as Temenos has widened (43% vs. 3-year median of 11%). Valuations are also inexpensive compared with its Indian IT services peers; OFSS trades at c.4% PER discount to TCS (TCS IN; HOLD) vs. the 3-year median premium of 28%. With seasonally stronger quarters ahead, recovery in license sales growth should be easy to achieve – a potential trigger for rerating – in our view.
... Read more

OFSS Share Price Target - Broker Reports - 2017

22-Nov-17
Price @ Call: 3700.1
Target: 3900
ACCUMULATE
We believe, OFSS may outperform vs large cap IT peers given its better earnings growth prospects (CAGR of 9% - FY18-20); however, concerns remain regarding sustainability of new license revenue growth in the medium term as growth in the former is usually lumpy in nature. The stock is currently trading at fair valuations of 19.4x/17.3x based on FY19/FY20. We marginally revise our estimates (1.5%-3%) factoring better revenue growth; maintain our ACCUMULATE rating and rollover to Sep’18 TP of ` 3,900 (` 3,800 earlier) based on 19.5x one yr fwd. PER.
... Read more
15-Jun-17
Price @ Call: 3657
Target: 3308
SELL

OFSS Share Price Target - Broker Reports - 2016

15-Nov-16
Price @ Call: 3137
Target: 3212
HOLD
Join FrontPage
FrontPage is India's favorite stock discussions community
Join 50,000 Indian traders and discuss trades, strategies, news & views on any stock.
  • OFSS Share Price Target Today- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 32,898.77
    Upside Target 22,861.88
    Upside Target 12,809.77
    Pivot2,772.88
    Downside Target 12,720.77
    Downside Target 22,683.88
    Downside Target 32,631.77
  • OFSS Share Price Target weekly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 33,022.1
    Upside Target 22,960.55
    Upside Target 12,859.1
    Pivot2,797.55
    Downside Target 12,696.1
    Downside Target 22,634.55
    Downside Target 32,533.1
  • OFSS Share Price Target monthly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 33,592.5
    Upside Target 23,285.25
    Upside Target 13,074.5
    Pivot2,767.25
    Downside Target 12,556.5
    Downside Target 22,249.25
    Downside Target 32,038.5
  • OFSS Share Price Target today- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 32,861.88
    Upside Target 22,827.89
    Upside Target 12,806.88
    Pivot2,772.88
    Downside Target 12,738.89
    Downside Target 22,717.88
    Downside Target 32,683.88
  • OFSS Share Price Target weekly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 32,960.55
    Upside Target 22,898.28
    Upside Target 12,859.82
    Pivot2,797.55
    Downside Target 12,735.28
    Downside Target 22,696.82
    Downside Target 32,634.55
  • OFSS Share Price Target monthly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 33,285.25
    Upside Target 23,087.37
    Upside Target 12,965.13
    Pivot2,767.25
    Downside Target 12,569.37
    Downside Target 22,447.13
    Downside Target 32,249.25
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