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Shares of Genpact Limited (NYSE:G) were the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 5,412,777 shares, a growth of 84.3% from the March 31st total of 2,936,591 shares, StockRatingsNetwork reports. Currently, 3.1% of the shares of the company are short sold. Based on an average daily volume of 1,299,103 shares, the short-interest ratio is currently 4.2 days.

Several analysts have recently commented on the stock. Analysts at Morgan Stanley reiterated an “equal weight” rating on shares of Genpact Limited in a research note on Tuesday. They now have a $18.00 price target on the stock. Separately, analysts at Zacks upgraded shares of Genpact Limited from an “underperform” rating to a “neutral” rating in a research note on Wednesday, April 9th. They now have a $17.70 price target on the stock. Finally, analysts at BMO Capital Markets upgraded shares of Genpact Limited from a “market perform” rating to an “outperform” rating in a research note on Monday, February 24th. They now have a $18.00 price target on the stock. One analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $17.67.

Shares of Genpact Limited (NYSE:G) opened at 16.47 on Thursday. Genpact Limited has a 52-week low of $13.68 and a 52-week high of $21.30. The stock’s 50-day moving average is $17.11 and its 200-day moving average is $17.50. The company has a market cap of $3.816 billion and a P/E ratio of 16.54.

Genpact Limited (NYSE:G) last announced its earnings results on Monday, May 5th. The company reported $0.24 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.23 by $0.01. The company had revenue of $528.20 million for the quarter, compared to the consensus estimate of $527.07 million. During the same quarter in the prior year, the company posted $0.23 earnings per share. The company’s quarterly revenue was up 4.8% on a year-over-year basis. Analysts expect that Genpact Limited will post $1.03 EPS for the current fiscal year.

Genpact Limited (NYSE:G) is engaged in business process management and information technology services, leveraging the power of processes, analytics and technology to help its clients drive intelligence across their enterprises.

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