TCS: What should investors do with TCS shares post-Q4 results, dividend announcement? Check out share price target

TCS Q4 results, TCS dividend 2024 announcement, TCS share price target: Tata Consultancy Services (TCS) kicked off the fourth-quarter earnings season for India Inc on Friday, April 12. The results, announced post-market hours, were a mixed bag.

TCS dividend 2024

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The Tata Group IT company also announced a final dividend of Rs 28 per share, record deal wins, and a 100 basis point increase in operating margin. Read more on TCS Q4 FY24 results

Here's what brokerages make of TCS Q4 FY24:

Images: TCS website/Reuters

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Written By: ZeeBiz WebTeam

Updated on: April 15, 2024, 11.01 AM IST

1/8

TCS share price target

TCS share price target JPMorgan has upgraded TCS to 'overweight' from 'neutral' and raised its target for the stock to Rs 4,500 from Rs 4,000.

2/8

TCS share price target

TCS share price target Morgan Stanley has maintained an 'overweight' rating with a target of Rs 4,350.

3/8

TCS share price target

TCS share price target CLSA has maintained an 'underperform' rating with a reduced of Rs 3,941 per share instead of the Rs 4,043 per share earlier.

4/8

TCS share price target

TCS share price target Jefferies has maintained a 'hold' call on the IT major with a raised target of Rs 4,030 per share instead of the Rs 4,000 per share earlier.

5/8

TCS share price target

TCS share price target Goldman Sachs has maintained a 'buy' and raised its target for the stock to Rs 4,350 from Rs 4,320.

6/8

TCS share price target

TCS share price target HSBC has maintained a 'buy' call with a target of Rs 4,540.

7/8

TCS share price target

TCS share price target Nomura has maintained a 'reduce' rating with a target of Rs 3,250.

8/8

TCS share price target

TCS share price target Citi has maintained a 'sell' call on TCS. However, the brokerage has raised its target for the stock to Rs 3,570 from Rs 3,500.