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

SONATSOFTW Consensus Forecast

No. of reports in last year
6
No. of analysts
4
Average Consensus Forecast
382
Consensus Potential
35.76%

SONATSOFTW Price Target Potential

BrokerageTargetPotential
HDFC Securities2401.81%
Indiabulls Ventures40541.81%
Reliance Securities42043.89%
ICICIdirect.com41042.52%

SONATSOFTW Targets in FrontPage Forums

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

SONATSOFTW Ratings

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

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

SONATSOFTW Share Price Target

SONATSOFTW Share Price Target - Broker Reports - 2020

13-May-20
Price @ Call: 199.76
Target: 240
BUY
We maintain BUY on Sonata despite near term challenges. IT services (IITS) revenue was lower than est. but margin was inline. The impact on IITS will be material in 1HFY21 (-11.6% YoY for FY21E), due to issue in one large travel client and high Retail exposure (28% of rev). Sonata’s IP-led strategy and strong Microsoft partnership (Dynamics 365) will support IITS revenue. DPS impact will be lower because of high recurring licence revenue. Growth in DPS will be led by sale of higher Microsoft cloud licences. Overall, we cut our EPS estimate by 4.5/4.0% for FY21/22E. Our TP of Rs 240 is based on 9x (~30% discount to 5Y avg.) FY22E EPS.
... Read more
7-Feb-20
Price @ Call: 344.5
Target: 405
BUY
28-Jan-20
Price @ Call: 347.85
Target: 422
BUY
We maintain BUY on Sonata based on strong performance in 3QFY20. IP-led strategy, strong Microsoft partnership and expansion of Microsoft D365 offerings is driving growth and aiding margin expansion in IT services business. DPS growth momentum will continue led by Microsoft and there is scope for margin expansion. We upgrade our FY22E Rev/EPS estimate by 6.1/5.1%. Our TP of Rs 422 is based on 12x (~4% premium to 5Y avg.) Dec- 21E EPS.
... Read more

SONATSOFTW Share Price Target - Broker Reports - 2019

31-Oct-19
Price @ Call: 319.44
Target: 420
BUY
19-Aug-19
Price @ Call: 321.17
Target: 395
BUY
We like SSOF’s differentiated business model, focus on IP and platforms, high dividend yield, quality balance sheet, high RoE and no equity dilution for the past several years. We expect the Microsoft alliance to be a key growth driver going forward. Given its platform focus, investments made in IP and S&M, decent cash generation and reasonable valuation, coupled with healthy growth, we believe there exists good legroom for upside. Following the recent 12% stock price correction, the stock trades at a reasonable valuation of 11x FY21E EPS. We maintain our BUY recommendation on the stock with a Target Price of Rs395.
... Read more
9-Aug-19
Price @ Call: 336.43
Target: 410
BUY
Scaling of IP led revenues, rising proportion of digital and enhancing Microsoft 365 capabilities through selective acquisitions are key positives. Further, healthy margin profile in IT services business (compared to Tier-II IT companies), healthy cash balance and better payout ratio (~65% of PAT) would keep its dividend yield attractive (~4.0%). This, coupled with attractive valuation (trading at 11x FY21E EPS) prompts us to maintain our BUY rating on the stock with a revised target price of | 410 (i.e. 14x FY21E EPS).
... Read more
8-Jul-19
Price @ Call: 357.91
Target: 421.5
BUY
A wider customer base that is acquired over the years, offers SSL a strategic expansion potential within the existing accounts. These factors should see SSL sustain its strong growth and profitability trends. We have estimated 9% revenue cagr over FY19-21E led by strong 14% increase from IITS revenues. DPS revenues may see 5% cagr over FY19-21E along with 20bps margin expansion. Strong 9% revenues growth along with 60bps margin expansion would drive 12% cagr in PAT over the same period. We recommend investors to buy Sonata at CMP of Rs 351 and add on dips to the Rs.322 for sequential target price of Rs.394 (13x FY21E EPS) and Rs 449 (15x FY21E EPS) over the next 4 quarters.
... Read more
31-May-19
Price @ Call: 356.9
Target: 420
BUY
We like Sonata’s differentiated business model, focus on IP and platforms, high dividend yield, quality balance sheet, high RoE and no equity dilution for the past several years. Given the company’s platform focus, investments made in IP and S&M, decent cash generation and reasonable valuation, coupled with healthy growth, we envisage enough legroom for further upside, despite the strong stock performance over the past year. We maintain our BUY recommendation on the stock with an unchanged Target Price of Rs420.
... Read more
31-May-19
Price @ Call: 356.9
Target: 415
BUY
Rising proportion of digital, IP led revenues, and enhancing Microsoft 365 capabilities through selective acquisitions are key positives. In addition, the company has hired people in leadership position to drive digital revenues. We believe this will be revenue and margin accretive in the long term. Further, healthy cash balance and better payout ratio (~65-70% of PAT) would keep its dividend yield attractive (~4.0%). This coupled with attractive valuation (trading at 12x FY21E EPS) prompts us to maintain our BUY rating on the stock with a revised target price of Rs 415 (i.e. 14x FY21E EPS).
... Read more
14-Mar-19
Price @ Call: 330
Target: 420
BUY
We like Sonata’s differentiated business, quality balance sheet, high RoE and lack of equity dilution for last 17 years . IP business will remain the key differentiator for Sonata, which will drive IP-led revenue and boosting pricing power. ‘Platformation’ strategy we believe will take some time before its effects are seen in the form of stickier client relationships and higher contract value. We expect the Microsoft alliance to be the key growth driver, going forward. Sonata has already carried out 2 acquisitions recently through internal accruals. We expect Sonata’s acquisitive streak to continue. We maintain our BUY recommendation on the stock with a target price of Rs 420.
... Read more
11-Feb-19
Price @ Call: 327.01
Target: 420
BUY
11-Feb-19
Price @ Call: 331
Target: 466
BUY

SONATSOFTW Share Price Target - Broker Reports - 2018

17-Dec-18
Price @ Call: 318.8
Target: 420
BUY
13-Nov-18
Price @ Call: 333.61
Target: 400
BUY
6-Nov-18
Price @ Call: 316.59
Target: 410
BUY
20-Aug-18
Price @ Call: 363.9
Target: 390
BUY
17-Aug-18
Price @ Call: 354.9
Target: 420
BUY
16-Aug-18
Price @ Call: 357.31
Target: 375
BUY
23-May-18
Price @ Call: 337.11
Target: 380
BUY
8-Feb-18
Price @ Call: 288.99
Target: 325
BUY

SONATSOFTW Share Price Target - Broker Reports - 2017

21-Nov-17
Price @ Call: 221.93
Target: 260
BUY
14-Nov-17
Price @ Call: 186.75
Target: 230
BUY
21-Aug-17
Price @ Call: 157.15
Target: 220
BUY
17-Aug-17
Price @ Call: 161.25
Target: 200
BUY
24-Jul-17
Price @ Call: 162
Target: 220
BUY
13-Feb-17
Price @ Call: 197
Target: 244
BUY
7-Feb-17
Price @ Call: 194
Target: 239
BUY

SONATSOFTW Share Price Target - Broker Reports - 2016

19-Dec-16
Price @ Call: 183
Target: 212
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.
  • SONATSOFTW Share Price Target Today- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3247.98
    Upside Target 2243.67
    Upside Target 1236.63
    Pivot232.32
    Downside Target 1225.28
    Downside Target 2220.97
    Downside Target 3213.93
  • SONATSOFTW Share Price Target weekly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3273.27
    Upside Target 2260.98
    Upside Target 1249.62
    Pivot237.33
    Downside Target 1225.97
    Downside Target 2213.68
    Downside Target 3202.32
  • SONATSOFTW Share Price Target monthly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3302.9
    Upside Target 2275.8
    Upside Target 1257.2
    Pivot230.1
    Downside Target 1211.5
    Downside Target 2184.4
    Downside Target 3165.8
  • SONATSOFTW Share Price Target today- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3243.67
    Upside Target 2239.33
    Upside Target 1236.65
    Pivot232.32
    Downside Target 1227.98
    Downside Target 2225.3
    Downside Target 3220.97
  • SONATSOFTW Share Price Target weekly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3260.98
    Upside Target 2251.95
    Upside Target 1246.37
    Pivot237.33
    Downside Target 1228.3
    Downside Target 2222.72
    Downside Target 3213.68
  • SONATSOFTW Share Price Target monthly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3275.8
    Upside Target 2258.34
    Upside Target 1247.56
    Pivot230.1
    Downside Target 1212.64
    Downside Target 2201.86
    Downside Target 3184.4
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