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

QUESS Share Price Target

Quess Corp Ltd.
NSE: QUESS | BSE: 539978 | ISIN: INE615P01015 | Sector: Services

QUESS Rating

4/5 (4 Ratings)
QUESS Share Price *
533.5 -2.55 (-0.48%)
* (quote may be delayed)

4 QUESS share price target reports by brokerages below. See what is analyst's view on QUESS 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.


You can also find QUESS share price target tomorrow or next week from QUESS discussion forum.

QUESS Share Price Forecast - Consensus
No. of reports in last year
4
No. of analysts
3
Average Consensus Forecast
706.75
Consensus Potential
24.12%

QUESS Share Price Target - Broker Reports - 2020

31-Jan-20
Price @ Call: 620
Target: 690
ADD

QUESS Share Price Target - Broker Reports - 2019

2-Nov-19
Price @ Call: 504.14
Target: 703
BUY
Quess Corp (Quess) reported strong Q2FY20 results, beating our estimates on the back of: i) Sustained growth momentum: The company clocked YoY growth of 27% in sales and 17% in EBITDA. Headcount addition of 60k in H1FY20 in general staffing hints at massive market share gains. ii) Earnings quality: Directional improvement with OCF/EBITDA at 55%, lower net debt, better collect & pay ratio, etc. iii) Receipt of payments related to Trimax JV: Quess has starting receiving payments, which should assuage investor concerns. The stock has corrected sharply over the past one year due to several concerns (M&A, balance sheet complexity, and JV-related potential write-offs). In our view, the correction more-than-adequately captures these issues. Retain‘BUY’ with unchanged TP of INR703.
... Read more

24-May-19
Price @ Call: 656.1
Target: 704
BUY
We are introducing FY21E earnings and roll-forward our valuation to FY21E. We now expect Quess to report an EPS of Rs.26.3 in FY20E (earlier Rs.30.6, lowered margin assumption) and an EPS of Rs. 35.2 in FY21E supported by both recent acquisitions done by the company and organic growth. We recommend ADD rating on Quess with a revised target price of Rs.704/share (earlier Rs. 1072/share), valuing the company at a P/E multiple (20x FY21E). In India, every month ~1 million people are entering the workforce, generating sustainable employment becomes an imperative which opens huge growth opportunities for Quess.
... Read more

22-Apr-19
Price @ Call: 706.36
Target: 730
NEUTRAL
We have upgraded our FY20/21 revenue estimate by 2.5/2% and EBITDA estimate by 8.3/7.6%. Considering that the some of the increase in amortization and forgone cash yiels will cushion the impact on PAT, our EPS estimate is revised upwards by 4%/3.2% for FY20/21. The steps QUESS is taking on improving margins, cash conversion and turning the performance of acquisitions have been impressive. We reckon the progress on the same would start reflecting in the form of an improved performance and valuations. While we remain encouraged by the long-term prospects of QUESS, we await more indicators of a combination of sustained 6%+ EBITDA margin and cash conversion to change our stance on the company. We adopt a DCF methodology to arrive at a price target of INR730/share. Maintain Neutral.
... Read more

11-Feb-19
Price @ Call: 644.05
Target: 730
NEUTRAL

25-Jan-19
Price @ Call: 641.68
Target: 720
NEUTRAL

QUESS Share Price Target - Broker Reports - 2018

29-Oct-18
Price @ Call: 687.15
Target: 1072
BUY

27-Jul-18
Price @ Call: 1131.05
Target: 1302
BUY

27-Jul-18
Price @ Call: 1131.05
Target: 1300
BUY

2-Jul-18
Price @ Call: 1107.28
Target: 1350
BUY

21-May-18
Price @ Call: 1168
Target: 1315
BUY

18-May-18
Price @ Call: 1166.27
Target: 1350
BUY

2-Feb-18
Price @ Call: 1021.95
Target: 1300
BUY

25-Jan-18
Price @ Call: 1110
Target: 1300
BUY

QUESS Share Price Target - Broker Reports - 2017

21-Nov-17
Price @ Call: 865.95
Target: 1170
BUY

10-Nov-17
Price @ Call: 820.85
Target: 1010
BUY

27-Oct-17
Price @ Call: 872.85
Target: 1040
BUY

20-Sep-17
Price @ Call: 841.42
Target: 990
BUY

  • QUESS - Share Price Target Potential

    keyboard_arrow_down
    BrokerageTargetPotential
    Kotak Securities69022.31%
    Edelweiss70323.75%
    Motilal Oswal73026.57%
  • QUESS Share Price Target Today- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3563.92
    Upside Target 2556.38
    Upside Target 1546.22
    Pivot538.68
    Downside Target 1528.52
    Downside Target 2520.98
    Downside Target 3510.82
  • QUESS Share Price Target weekly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3627.78
    Upside Target 2610.12
    Upside Target 1577.13
    Pivot559.47
    Downside Target 1526.48
    Downside Target 2508.82
    Downside Target 3475.83
  • QUESS Share Price Target monthly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3841.27
    Upside Target 2739.73
    Upside Target 1682.62
    Pivot581.08
    Downside Target 1523.97
    Downside Target 2422.43
    Downside Target 3365.32
  • QUESS Share Price Target today- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3556.38
    Upside Target 2549.62
    Upside Target 1545.44
    Pivot538.68
    Downside Target 1531.92
    Downside Target 2527.74
    Downside Target 3520.98
  • QUESS Share Price Target weekly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3610.12
    Upside Target 2590.77
    Upside Target 1578.81
    Pivot559.47
    Downside Target 1540.12
    Downside Target 2528.16
    Downside Target 3508.82
  • QUESS Share Price Target monthly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3739.73
    Upside Target 2679.13
    Upside Target 1641.69
    Pivot581.08
    Downside Target 1520.48
    Downside Target 2483.04
    Downside Target 3422.43
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.