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

WNS (Holdings) Limited (NYSE:WNS - Get Free Report) has been given an average rating of "Moderate Buy" by the six brokerages that are covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month price target among brokers that have covered the stock in the last year is $60.33.

WNS has been the topic of a number of analyst reports. Barrington Research reissued an "outperform" rating and set a $70.00 price objective on shares of WNS in a report on Friday, October 18th. TD Cowen downgraded WNS from a "buy" rating to a "hold" rating and lowered their price target for the company from $64.00 to $53.00 in a report on Thursday, October 17th. Needham & Company LLC reduced their price objective on shares of WNS from $70.00 to $60.00 and set a "buy" rating for the company in a research note on Friday, October 18th. JPMorgan Chase & Co. raised their target price on shares of WNS from $60.00 to $73.00 and gave the company a "neutral" rating in a research note on Friday, September 6th. Finally, Deutsche Bank Aktiengesellschaft cut their target price on shares of WNS from $55.00 to $51.00 and set a "hold" rating for the company in a research report on Thursday, October 3rd.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. EverSource Wealth Advisors LLC grew its stake in shares of WNS by 228.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 523 shares of the business services provider's stock valued at $27,000 after purchasing an additional 364 shares during the period. GAMMA Investing LLC grew its position in WNS by 64.1% in the second 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 period. Financial Management Professionals Inc. bought a new stake in WNS in the third quarter valued at $46,000. Amalgamated Bank bought a new position in shares of WNS during the second quarter valued at $84,000. Finally, Blue Trust Inc. lifted its holdings in shares of WNS by 1,151.2% during the third quarter. Blue Trust Inc. now owns 2,665 shares of the business services provider's stock valued at $140,000 after acquiring an additional 2,452 shares during the period. 97.36% of the stock is currently owned by institutional investors and hedge funds.

WNS Stock Up 1.5 %

Shares of NYSE WNS traded up $0.78 during mid-day trading on Friday, reaching $54.23. The company had a trading volume of 218,093 shares. 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 company has a market capitalization of $2.59 billion and a price-to-earnings ratio of 20.86. The stock has a fifty day moving average of $50.30 and a two-hundred day moving average of $53.38. WNS has a 12-month low of $39.85 and a 12-month high of $72.57.

WNS (NYSE:WNS - Get Free Report) last issued its earnings results on Thursday, October 17th. The business services provider reported $0.99 EPS for the quarter, beating analysts' consensus estimates of $0.78 by $0.21. The firm had revenue of $310.70 million for the quarter, compared to the consensus estimate of $313.66 million. WNS had a return on equity of 22.76% and a net margin of 9.39%. As a group, equities research analysts expect that WNS will post 3.52 EPS for the current year.

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.