WNS (Holdings) Limited (NYSE:WNS) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday. The firm currently has a $37.00 price target on the business services provider’s stock. Zacks Investment Research‘s price objective would indicate a potential upside of 9.82% from the company’s current price.

According to Zacks, “WNS HOLDINGS is a recognized leader in business process outsourcing.Their proposition is simple: They deliver value to their clients by bringing operational excellence and deep industry and functional knowledge to their critical business processes. They serve several industries, including travel, insurance, financial services, healthcare, professional services, manufacturing, distribution and retail. They also provide essential corporate functions, such as finance and accounting, human resources research and analytics. “

Separately, Maxim Group reaffirmed a “buy” rating and set a $36.00 price objective on shares of WNS (Holdings) Limited in a research report on Thursday, March 16th. One equities research analyst has rated the stock with a hold rating and ten have given a buy rating to the company’s stock. WNS (Holdings) Limited currently has a consensus rating of “Buy” and a consensus target price of $35.00.

Analyst Recommendations for WNS (Holdings) Limited (NYSE:WNS)

Shares of WNS (NYSE:WNS) opened at 33.69 on Friday. The company has a 50 day moving average price of $30.79 and a 200-day moving average price of $28.35. WNS has a one year low of $24.82 and a one year high of $33.84. The stock has a market cap of $1.68 billion, a price-to-earnings ratio of 47.45 and a beta of 0.96.

WNS (Holdings) Limited (NYSE:WNS) last posted its quarterly earnings data on Thursday, April 27th. The business services provider reported $0.46 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.45 by $0.01. The firm had revenue of $159.40 million during the quarter, compared to analysts’ expectations of $143.21 million. WNS (Holdings) Limited had a net margin of 10.02% and a return on equity of 19.83%. The firm’s quarterly revenue was up 11.8% on a year-over-year basis. During the same quarter last year, the company posted $0.44 EPS. Equities analysts predict that WNS will post $1.98 earnings per share for the current fiscal year.

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Several institutional investors have recently bought and sold shares of the company. Capital Fund Management S.A. boosted its position in WNS (Holdings) Limited by 22.8% in the third quarter. Capital Fund Management S.A. now owns 33,875 shares of the business services provider’s stock worth $1,015,000 after buying an additional 6,300 shares during the last quarter. Dalton Investments LLC acquired a new position in shares of WNS (Holdings) Limited during the third quarter valued at approximately $1,507,000. BlackRock Inc. boosted its position in shares of WNS (Holdings) Limited by 28.1% in the third quarter. BlackRock Inc. now owns 13,798 shares of the business services provider’s stock valued at $413,000 after buying an additional 3,023 shares in the last quarter. Tiverton Asset Management LLC boosted its position in shares of WNS (Holdings) Limited by 153.0% in the third quarter. Tiverton Asset Management LLC now owns 393,463 shares of the business services provider’s stock valued at $11,785,000 after buying an additional 237,953 shares in the last quarter. Finally, United Services Automobile Association boosted its position in shares of WNS (Holdings) Limited by 187.0% in the third quarter. United Services Automobile Association now owns 127,186 shares of the business services provider’s stock valued at $3,809,000 after buying an additional 82,870 shares in the last quarter. 87.95% of the stock is owned by hedge funds and other institutional investors.

WNS (Holdings) Limited Company Profile

WNS (Holdings) Limited is a global provider of business process management (BPM) services. The Company offers data, voice, analytical and business transformation services. The Company’s segments include WNS Global BPM and WNS Auto Claims BPM. Its operating segments include travel, insurance, banking and financial services, healthcare, utilities, retail and consumer products groups, auto claims and others.

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