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Saturday, April 17, 2010

Stock Analysis Of Infosys Technologies With 1 Yr Target Price

Checkout the stock analysis based on recent results and the target price of Infosys for next one year.

Infosys Technologies Limited (Infosys) is a global technology services firm that defines, designs and delivers information technology (IT)-enabled business solutions to its clients. The Company provides end-to-end business solutions that leverage technology for its clients, including technical consulting, design, development, product engineering, maintenance, systems integration, package-enabled consulting, and implementation and infrastructure management services. Infosys also provides software products to the banking industry.

It seems that the company would fare better and the Q4FY10 numbers would be better than market expectations. FY11 would also be better with 13 – 15% revenue growth. The outlook is in line with NASSCOM's industry outlook for FY11.

The company has a track record of providing conservative guidance and this would be repeated in FY11 as well. It is expected that the USD revenue guidance for FY11 would be around 6% lower than market estimates, and the EPS guidance may be lower by 11%.This guidance gap may keep the stock quiet in the near term.

Growth beyond FY11 would also be better and this is the key for the long term view. The stock would bring in attractive returns over the long term.

Recommended to buy stocks of Infosys Technologies with a one year target price of Rs.3100. It is one of the good stock to buy for investment portfolio with high amount of safety associated with it.

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