Analysts Set WNS (Holdings) Limited (NYSE:WNS) Price Target at $60.33

Shares of WNS (Holdings) Limited (NYSE:WNS - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the seven ratings firms that are presently covering the company, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $59.57.

Several research firms recently issued reports on WNS. Citigroup set a $55.00 price objective on WNS in a report on Thursday, October 17th. Barrington Research reaffirmed an "outperform" rating and issued a $70.00 price target on shares of WNS in a research note on Friday, October 18th. TD Cowen downgraded WNS from a "buy" rating to a "hold" rating and reduced their price objective for the company from $64.00 to $53.00 in a research note on Thursday, October 17th. Jefferies Financial Group lowered their target price on shares of WNS from $60.00 to $55.00 and set a "buy" rating on the stock in a research note on Tuesday. Finally, Needham & Company LLC reduced their target price on shares of WNS from $70.00 to $60.00 and set a "buy" rating for the company in a research report on Friday, October 18th.

WNS Price Performance

NYSE:WNS traded up $2.45 during trading hours on Tuesday, reaching $49.03. 463,891 shares of the company were exchanged, compared to its average volume of 434,183. The stock's 50-day moving average is $48.67 and its 200-day moving average is $52.31. WNS has a twelve month low of $39.85 and a twelve month high of $72.57. The firm has a market cap of $2.34 billion, a PE ratio of 18.86, a price-to-earnings-growth ratio of 1.88 and a beta of 1.16. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 0.23.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. EverSource Wealth Advisors LLC raised its stake in WNS by 228.9% during the second quarter. EverSource Wealth Advisors LLC now owns 523 shares of the business services provider's stock worth $27,000 after purchasing an additional 364 shares during the period. Financial Management Professionals Inc. acquired a new stake in shares of WNS during the 3rd quarter worth approximately $46,000. Amalgamated Bank purchased a new stake in shares of WNS during the 2nd quarter valued at approximately $84,000. GAMMA Investing LLC lifted its holdings in WNS by 237.2% in the third quarter. GAMMA Investing LLC now owns 2,141 shares of the business services provider's stock valued at $113,000 after acquiring an additional 1,506 shares during the last quarter. Finally, Blue Trust Inc. grew its position in WNS by 1,151.2% in the third quarter. Blue Trust Inc. now owns 2,665 shares of the business services provider's stock worth $140,000 after acquiring an additional 2,452 shares during the period. Institutional investors and hedge funds own 97.36% of the company's stock.

About WNS

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.