Brokerages Set WNS (Holdings) Limited (NYSE:WNS) Target Price at $98.14

WNS (Holdings) Limited (NYSE:WNSGet Rating) has been assigned an average rating of “Buy” from the eight ratings firms that are currently covering the company, MarketBeat reports. Six investment analysts have rated the stock with a buy rating. The average 12-month target price among analysts that have issued a report on the stock in the last year is $98.14.

Several equities research analysts have recently commented on the stock. StockNews.com assumed coverage on shares of WNS in a research note on Wednesday, October 12th. They set a “buy” rating for the company. Citigroup decreased their target price on shares of WNS from $102.00 to $91.00 and set a “buy” rating for the company in a research report on Wednesday, July 20th. Finally, JPMorgan Chase & Co. decreased their target price on shares of WNS from $111.00 to $109.00 and set an “overweight” rating for the company in a research report on Friday, October 14th.

Hedge Funds Weigh In On WNS

Large investors have recently made changes to their positions in the stock. Assetmark Inc. grew its position in shares of WNS by 307.1% in the 3rd quarter. Assetmark Inc. now owns 342 shares of the business services provider’s stock valued at $28,000 after buying an additional 258 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of WNS by 89.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 449 shares of the business services provider’s stock worth $34,000 after acquiring an additional 212 shares during the period. Huntington National Bank lifted its stake in shares of WNS by 46.9% in the 1st quarter. Huntington National Bank now owns 626 shares of the business services provider’s stock worth $53,000 after acquiring an additional 200 shares during the period. Van ECK Associates Corp acquired a new stake in shares of WNS in the 1st quarter worth $69,000. Finally, Quadrant Capital Group LLC lifted its stake in shares of WNS by 52.7% in the 1st quarter. Quadrant Capital Group LLC now owns 1,110 shares of the business services provider’s stock worth $95,000 after acquiring an additional 383 shares during the period. 97.86% of the stock is currently owned by institutional investors and hedge funds.

WNS Trading Down 0.0 %

NYSE:WNS opened at $83.70 on Friday. WNS has a 12 month low of $67.07 and a 12 month high of $91.48. The firm has a fifty day simple moving average of $83.09 and a 200-day simple moving average of $79.82. The company has a current ratio of 1.93, a quick ratio of 1.93 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $4.03 billion, a P/E ratio of 30.44, a PEG ratio of 2.24 and a beta of 1.21.

WNS Company Profile

(Get Rating)

WNS (Holdings) Limited, a business process management (BPM) company, provides data, voice, analytical, and business transformation services worldwide. The company operates through two segments, WNS Global BPM and WNS Auto Claims BPM. It offers industry-specific services to clients primarily in insurance; diversified businesses, including manufacturing, retail, consumer packaged goods, media and entertainment, and telecommunication; travel and leisure; healthcare; utilities; shipping and logistics; consulting and professional services; and banking and financial services.

Further Reading

Analyst Recommendations for WNS (NYSE:WNS)

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