Shares of WNS (Holdings) Limited (NYSE:WNS) have been assigned an average rating of “Buy” from the eleven ratings firms that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $38.75.

Several research firms recently weighed in on WNS. Cantor Fitzgerald reaffirmed a “buy” rating and set a $38.00 price objective on shares of WNS (Holdings) Limited in a research report on Thursday, June 29th. Bank of America Corporation upped their price objective on shares of WNS (Holdings) Limited from $37.00 to $38.00 and gave the stock a “buy” rating in a research report on Friday, July 21st. Cowen and Company reaffirmed a “buy” rating and set a $39.00 price objective on shares of WNS (Holdings) Limited in a research report on Friday, July 21st. Zacks Investment Research cut shares of WNS (Holdings) Limited from a “buy” rating to a “hold” rating in a research report on Saturday, May 27th. Finally, Citigroup Inc. upped their price objective on shares of WNS (Holdings) Limited from $38.00 to $40.00 and gave the stock a “buy” rating in a research report on Friday, July 21st.

A number of hedge funds and other institutional investors have recently modified their holdings of WNS. Russell Investments Group Ltd. raised its stake in WNS (Holdings) Limited by 48.4% during the first quarter. Russell Investments Group Ltd. now owns 264,256 shares of the business services provider’s stock worth $7,561,000 after acquiring an additional 86,189 shares in the last quarter. Wells Fargo & Company MN raised its stake in WNS (Holdings) Limited by 55.8% during the first quarter. Wells Fargo & Company MN now owns 309,895 shares of the business services provider’s stock worth $8,866,000 after acquiring an additional 111,001 shares in the last quarter. First Trust Advisors LP raised its stake in WNS (Holdings) Limited by 36.0% during the first quarter. First Trust Advisors LP now owns 147,334 shares of the business services provider’s stock worth $4,215,000 after acquiring an additional 38,984 shares in the last quarter. Bank of New York Mellon Corp raised its stake in WNS (Holdings) Limited by 5.1% during the first quarter. Bank of New York Mellon Corp now owns 89,717 shares of the business services provider’s stock worth $2,567,000 after acquiring an additional 4,342 shares in the last quarter. Finally, Karp Capital Management Corp acquired a new position in WNS (Holdings) Limited during the first quarter worth about $1,092,000. 86.88% of the stock is owned by hedge funds and other institutional investors.

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WNS (WNS) opened at 35.91 on Friday. The firm has a market cap of $1.82 billion, a PE ratio of 44.94 and a beta of 0.96. The stock has a 50 day moving average of $35.23 and a 200-day moving average of $32.40. WNS has a 52 week low of $24.82 and a 52 week high of $36.47.

WNS (Holdings) Limited (NYSE:WNS) last posted its quarterly earnings data on Thursday, July 20th. The business services provider reported $0.45 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.45. WNS (Holdings) Limited had a net margin of 6.66% and a return on equity of 18.73%. The business had revenue of $175.30 million during the quarter, compared to analysts’ expectations of $162.73 million. During the same quarter in the prior year, the business posted $0.45 earnings per share. WNS (Holdings) Limited’s revenue was up 18.4% compared to the same quarter last year. Analysts expect that WNS will post $1.99 earnings per share for the current year.

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.

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

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