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TATAELXSI Consensus Forecast

No. of reports in last year
2
No. of analysts
2
Average Consensus Forecast
859.5
Consensus Potential
-6.94%

TATAELXSI Price Target Potential

BrokerageTargetPotential
KRChoksey100811.54%
Karvy Stock Broking711-25.41%

TATAELXSI Targets in FrontPage Forums

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TATAELXSI Ratings

Long term TATAELXSI rating by FrontPage users
3/5 (2 Ratings)

2 TATAELXSI share price target reports by brokerages below. See what is analyst's view on TATAELXSI 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.
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TATAELXSI Share Price Target

TATAELXSI Share Price Target - Broker Reports - 2019

23-Jul-19
Price @ Call: 677.01
Target: 1008
BUY
Based on poor Q1FY20 financial performance, we have revised our estimates downwards and now expect the company to generate a topline growth of average 11.9% in FY20E/FY21E while we take a conservative stance on margin outlook (EBIT to stay below 23% in forecast period compared to >24% in the recent past). Tata Elxsi is currently trading at a P/E multiple of 18.4x/13.9x on FY20E/FY21E earnings. We apply a P/E multiple of 19.2x to the FY21 estimated EPS of INR 52.5 to arrive at a target price of INR 1,008 per share, an upside of 38% over the CMP. Accordingly, we reiterate our “BUY” rating to the stock.
... Read more
19-Jul-19
Price @ Call: 719.21
Target: 711
SELL
We believe that current weakness in Automotive division is due to macro economic factors and ramp down of spending by JLR. Since these factors are macro- economic in nature and are beyond management’s control, it is hard to predictwhen the revenues will improve. Also, we see margins to get affected due to slow growth in revenues as large component of expenses are fixed in nature. Hence,we have revised our estimates downwards to factor in these uncertainties. We rate the stock SELL with a target price of Rs. 711,with a downside of 3%. We value the company at a 50% discount to 5-Yr average 1-Yr forward multiple of 14x.
... Read more
28-Jan-19
Price @ Call: 913.2
Target: 1159
BUY
Seasonality Impacts Growth Momentum. Valuation and Risks: We continue to remain positive on the stock given its presence in high growth markets and proven technical capabilities. We believe the subdued performance during the quarter is more due to seasonality. We retain our “BUY” rating on the stock with a target price of Rs. 1159, an upside potential of 20%. We value TELX at a 3-year historical average of FY20E PE of 20.9x. Key risks include slowdown in key client as evident from declining revenue contribution and technology risks.
... Read more
28-Jan-19
Price @ Call: 913.2
Target: 1050
BUY

TATAELXSI Share Price Target - Broker Reports - 2018

10-Oct-18
Price @ Call: 1004.25
Target: 1440
BUY
8-Oct-18
Price @ Call: 1086.84
Target: 1400
BUY
26-Jul-18
Price @ Call: 1454.1
Target: 1700
BUY
3-May-18
Price @ Call: 1214.4
Target: 1400
BUY
23-Jan-18
Price @ Call: 1081.7
Target: 1236
BUY
11-Jan-18
Price @ Call: 1041.5
Target: 1180
BUY
4-Jan-18
Price @ Call: 996.2
Target: 1180
BUY

TATAELXSI Share Price Target - Broker Reports - 2017

18-Aug-17
Price @ Call: 843.98
Target: 996
BUY

TATAELXSI Share Price Target - Broker Reports - 2016

1-Aug-16
Price @ Call: 822.5
Target: 982.5
BUY
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  • TATAELXSI Share Price Target Today- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3936.3
    Upside Target 2921.1
    Upside Target 1906.4
    Pivot891.2
    Downside Target 1876.5
    Downside Target 2861.3
    Downside Target 3846.6
  • TATAELXSI Share Price Target weekly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3975.58
    Upside Target 2958.37
    Upside Target 1943.43
    Pivot926.22
    Downside Target 1911.28
    Downside Target 2894.07
    Downside Target 3879.13
  • TATAELXSI Share Price Target monthly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 31,146.73
    Upside Target 21,044.87
    Upside Target 1971.08
    Pivot869.22
    Downside Target 1795.43
    Downside Target 2693.57
    Downside Target 3619.78
  • TATAELXSI Share Price Target today- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3921.1
    Upside Target 2909.68
    Upside Target 1902.62
    Pivot891.2
    Downside Target 1879.78
    Downside Target 2872.72
    Downside Target 3861.3
  • TATAELXSI Share Price Target weekly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3958.37
    Upside Target 2946.09
    Upside Target 1938.5
    Pivot926.22
    Downside Target 1913.94
    Downside Target 2906.35
    Downside Target 3894.07
  • TATAELXSI Share Price Target monthly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 31,044.87
    Upside Target 2977.77
    Upside Target 1936.31
    Pivot869.22
    Downside Target 1802.12
    Downside Target 2760.66
    Downside Target 3693.57
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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