WNS (Holdings) Limited (NYSE:WNS) Receives $60.33 Consensus Target Price from Analysts

Shares of WNS (Holdings) Limited (NYSE:WNS) have earned a consensus rating of “Moderate Buy” from the six research firms that are presently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among brokers that have covered the stock in the last year is $60.33.

WNS has been the topic of several recent analyst reports. Citigroup set a $55.00 price target on WNS in a research note on Thursday, October 17th. JPMorgan Chase & Co. lifted their price target on shares of WNS from $60.00 to $73.00 and gave the company a “neutral” rating in a report on Friday, September 6th. TD Cowen cut shares of WNS from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $64.00 to $53.00 in a research note on Thursday, October 17th. Barrington Research reissued an “outperform” rating and issued a $70.00 target price on shares of WNS in a report on Friday, October 18th. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on WNS from $55.00 to $51.00 and set a “hold” rating for the company in a research report on Thursday, October 3rd.

Hedge Funds Weigh In On WNS

Several large investors have recently made changes to their positions in the company. EverSource Wealth Advisors LLC boosted its stake in WNS by 228.9% in the second quarter. EverSource Wealth Advisors LLC now owns 523 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 364 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of WNS by 64.1% in the 2nd quarter. GAMMA Investing LLC now owns 635 shares of the business services provider’s stock valued at $33,000 after acquiring an additional 248 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S bought a new position in WNS during the 1st quarter worth approximately $38,000. Financial Management Professionals Inc. bought a new position in WNS during the 3rd quarter worth approximately $46,000. Finally, Amalgamated Bank acquired a new position in WNS during the second quarter valued at approximately $84,000. Institutional investors and hedge funds own 97.36% of the company’s stock.

WNS Trading Up 5.6 %

Shares of WNS stock opened at $53.81 on Tuesday. WNS has a 52-week low of $39.85 and a 52-week high of $72.57. The stock has a market cap of $2.57 billion and a price-to-earnings ratio of 20.70. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.62 and a current ratio of 1.62. The firm has a fifty day moving average of $51.55 and a 200-day moving average of $52.67.

WNS Company Profile

WNS (Holdings) Limited, a business process management (BPM) company, provides data, voice, analytical, and business transformation services worldwide. The company operates through TSLU, MRHP, HCLS, and BFSI segments. It engages in diversified business, including manufacturing, retail, consumer packaged goods, media and entertainment, and telecommunication; travel and leisure, utilities, shipping, and logistics; healthcare and life sciences; banking, financial services, and insurance; and Hi-tech and professional services, as well as procurement.