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

WNS (Holdings) Limited (NYSE:WNS) has been assigned a consensus rating of “Moderate Buy” from the six research firms that are currently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $60.33.

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

WNS Trading Up 5.6 %

Shares of NYSE:WNS opened at $53.81 on Tuesday. 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 stock has a market capitalization of $2.57 billion and a price-to-earnings ratio of 20.70. WNS has a 1-year low of $39.85 and a 1-year high of $72.57. The company has a 50 day moving average price of $51.55 and a 200 day moving average price of $52.67.

Institutional Trading of WNS

Several large investors have recently modified their holdings of WNS. Diamond Hill Capital Management Inc. increased its stake in shares of WNS by 11.9% in the second quarter. Diamond Hill Capital Management Inc. now owns 1,777,557 shares of the business services provider’s stock worth $93,322,000 after purchasing an additional 188,616 shares during the period. Acadian Asset Management LLC raised its stake in WNS by 0.7% during the 1st quarter. Acadian Asset Management LLC now owns 1,768,209 shares of the business services provider’s stock valued at $89,317,000 after purchasing an additional 11,933 shares during the last quarter. Thrivent Financial for Lutherans bought a new stake in WNS in the 3rd quarter valued at $61,726,000. Westfield Capital Management Co. LP grew its position in WNS by 12.2% in the 1st quarter. Westfield Capital Management Co. LP now owns 1,170,420 shares of the business services provider’s stock worth $59,141,000 after purchasing an additional 127,605 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC raised its position in shares of WNS by 84.2% during the second quarter. Allspring Global Investments Holdings LLC now owns 591,052 shares of the business services provider’s stock valued at $31,030,000 after buying an additional 270,117 shares during the last quarter. 97.36% of the stock is owned by institutional investors.

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.