WNS (Holdings) Limited (NYSE:WNS) had its price objective boosted by research analysts at J P Morgan Chase & Co from $43.00 to $45.00 in a report released on Monday. The firm currently has an “overweight” rating on the business services provider’s stock. J P Morgan Chase & Co’s price objective indicates a potential upside of 18.45% from the company’s current price.

A number of other brokerages also recently commented on WNS. Cowen and Company reaffirmed a “buy” rating and issued a $43.00 price objective on shares of WNS (Holdings) Limited in a research report on Sunday. Needham & Company LLC reaffirmed a “strong-buy” rating and issued a $46.00 price objective (up previously from $42.00) on shares of WNS (Holdings) Limited in a research report on Sunday. Loop Capital reaffirmed a “buy” rating and issued a $44.00 price objective on shares of WNS (Holdings) Limited in a research report on Monday. Barrington Research lifted their price objective on WNS (Holdings) Limited from $40.00 to $44.00 and gave the company an “outperform” rating in a research report on Monday. Finally, Citigroup Inc. lifted their price objective on WNS (Holdings) Limited from $40.00 to $43.00 and gave the company a “buy” rating in a research report on Friday, October 13th. One investment analyst has rated the stock with a sell rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $42.36.

Shares of WNS (NYSE WNS) traded down 0.87% during mid-day trading on Monday, reaching $37.66. The company’s stock had a trading volume of 33,781 shares. The firm has a market capitalization of $1.90 billion, a P/E ratio of 47.13 and a beta of 0.98. The company’s 50-day moving average is $36.78 and its 200 day moving average is $34.26. WNS has a 1-year low of $24.82 and a 1-year high of $38.30.

WNS (Holdings) Limited (NYSE:WNS) last released its quarterly earnings results on Friday, October 27th. The business services provider reported $0.53 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.49 by $0.04. WNS (Holdings) Limited had a return on equity of 19.38% and a net margin of 7.24%. The company had revenue of $182.30 million during the quarter, compared to analysts’ expectations of $175.36 million. During the same period in the previous year, the firm posted $0.42 earnings per share. The business’s revenue for the quarter was up 26.9% compared to the same quarter last year. On average, analysts expect that WNS will post $1.99 earnings per share for the current year.

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Several hedge funds and other institutional investors have recently modified their holdings of WNS. Ironwood Financial llc acquired a new position in shares of WNS (Holdings) Limited in the first quarter worth about $104,000. Huntington National Bank acquired a new position in shares of WNS (Holdings) Limited in the second quarter worth about $135,000. First Mercantile Trust Co. lifted its stake in shares of WNS (Holdings) Limited by 6.6% in the third quarter. First Mercantile Trust Co. now owns 4,690 shares of the business services provider’s stock worth $140,000 after acquiring an additional 290 shares in the last quarter. Advisors Preferred LLC acquired a new position in shares of WNS (Holdings) Limited in the first quarter worth about $140,000. Finally, PNC Financial Services Group Inc. acquired a new position in shares of WNS (Holdings) Limited in the third quarter worth about $178,000. 85.72% of the stock is owned by institutional investors.

About WNS (Holdings) Limited

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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