Barrington Research Forecasts Strong Price Appreciation for WNS (NYSE:WNS) Stock

WNS (NYSE:WNS - Free Report) had its price target boosted by Barrington Research from $63.00 to $75.00 in a report released on Wednesday,Benzinga reports. Barrington Research currently has an outperform rating on the business services provider's stock.

A number of other research firms also recently weighed in on WNS. Needham & Company LLC increased their target price on WNS from $65.00 to $70.00 and gave the company a "buy" rating in a report on Tuesday, March 11th. Robert W. Baird increased their price objective on shares of WNS from $58.00 to $66.00 and gave the stock an "outperform" rating in a research note on Friday, January 24th. Jefferies Financial Group cut their target price on shares of WNS from $60.00 to $55.00 and set a "buy" rating for the company in a research report on Tuesday, January 21st. Finally, StockNews.com upgraded shares of WNS from a "hold" rating to a "buy" rating in a research report on Friday, January 24th. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, WNS has a consensus rating of "Moderate Buy" and a consensus price target of $62.25.

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WNS Stock Performance

WNS traded down $2.91 during midday trading on Wednesday, hitting $61.22. 522,756 shares of the company traded hands, compared to its average volume of 526,692. The company's 50-day moving average is $59.34 and its 200 day moving average is $53.03. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $2.83 billion, a PE ratio of 21.41, a price-to-earnings-growth ratio of 2.10 and a beta of 1.22. WNS has a 52 week low of $39.85 and a 52 week high of $65.26.

WNS (NYSE:WNS - Get Free Report) last issued its quarterly earnings data on Thursday, January 23rd. The business services provider reported $0.89 earnings per share for the quarter, missing analysts' consensus estimates of $1.04 by ($0.15). WNS had a net margin of 10.03% and a return on equity of 22.25%. On average, research analysts expect that WNS will post 3.8 EPS for the current year.

Institutional Investors Weigh In On WNS

Large investors have recently added to or reduced their stakes in the stock. Pathstone Holdings LLC boosted its holdings in shares of WNS by 20.9% in the 3rd quarter. Pathstone Holdings LLC now owns 37,234 shares of the business services provider's stock worth $1,963,000 after purchasing an additional 6,433 shares during the period. Intech Investment Management LLC purchased a new position in WNS during the third quarter worth $471,000. Citigroup Inc. increased its position in WNS by 90.0% during the third quarter. Citigroup Inc. now owns 67,333 shares of the business services provider's stock valued at $3,549,000 after acquiring an additional 31,886 shares during the last quarter. FMR LLC raised its stake in shares of WNS by 2.1% in the third quarter. FMR LLC now owns 4,898,543 shares of the business services provider's stock valued at $258,202,000 after acquiring an additional 99,195 shares during the period. Finally, BNP Paribas Financial Markets lifted its holdings in shares of WNS by 18.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 108,255 shares of the business services provider's stock worth $5,706,000 after acquiring an additional 16,557 shares during the last quarter. 97.36% of the stock is owned by institutional investors.

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.