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TCS: What brokerages say after Q4 results

TCS: What brokerages say after Q4 results

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New Delhi:


Tata Consultancy Services (TCS) reported an in-line set of results after market hours on Wednesday, and credited its diversified portfolio for the stable earnings. The stock was volatile in early trade today. It slipped nearly 1 per cent shortly after open, but pared losses shortly after.

Here is what leading brokerages have to say on the TCS stock after the company announced its Q4 earnings.

Barclays: 'Equal weight', with a target of Rs 1,475 per share.

Morgan Stanley: 'Overweight', with a target of Rs 1,670 per share.

Credit Suisse: 'Outperfom', with a target of Rs 1,760 per share.

CLSA: 'Outperfom', with a  target of Rs 1,650 per share.

Citi: 'Neutral', with a target of Rs 1,625 per share.

Goldman Sachs: 'Netural', with a target of Rs 1,520 per share.

Bank of America Merrill Lynch: 'Buy' with a target of Rs 1,700 per share.

JPMorgan: 'Neutral', with a target of Rs 1,575 per share.

Religare: 'Buy', with a target of Rs 1,550 per share.

Story first published on: April 18, 2013 09:09 (IST)

Tags: TCS, Results, Brokerage, Tata Consultancy Services

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