WNS (WNS) PT Raised to $52.00
WNS (NYSE:WNS) had its price objective increased by research analysts at Needham & Company LLC from $46.00 to $52.00 in a note issued to investors on Friday. The firm currently has a “strong-buy” rating on the business services provider’s stock. Needham & Company LLC’s target price would indicate a potential upside of 26.43% from the stock’s current price.
A number of other research analysts have also commented on WNS. Wedbush began coverage on WNS in a report on Thursday, August 3rd. They set an “outperform” rating and a $42.00 price target for the company. Citigroup upped their price target on WNS from $40.00 to $43.00 and gave the stock a “buy” rating in a report on Friday, October 13th. BidaskClub upgraded WNS from a “hold” rating to a “buy” rating in a report on Tuesday, August 22nd. Cowen restated a “buy” rating and issued a $42.00 target price on shares of WNS in a research note on Thursday, October 12th. Finally, Loop Capital restated a “buy” rating and issued a $44.00 target price (up from $41.00) on shares of WNS in a research note on Monday, October 30th. Thirteen equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $42.83.
WNS (NYSE:WNS) traded down $0.29 during midday trading on Friday, reaching $41.13. 110,800 shares of the company traded hands, compared to its average volume of 198,781. WNS has a 52-week low of $24.82 and a 52-week high of $42.36. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.37 and a quick ratio of 2.37. The stock has a market capitalization of $2,070.00, a price-to-earnings ratio of 26.41, a price-to-earnings-growth ratio of 1.82 and a beta of 1.00.
Several institutional investors and hedge funds have recently modified their holdings of WNS. Russell Frank Co raised its position in shares of WNS by 1.2% during the fourth quarter. Russell Frank Co now owns 477,170 shares of the business services provider’s stock worth $14,982,000 after purchasing an additional 5,654 shares during the period. Capital Fund Management S.A. acquired a new stake in shares of WNS during the fourth quarter worth about $545,000. Rice Hall James & Associates LLC raised its position in shares of WNS by 48.9% during the fourth quarter. Rice Hall James & Associates LLC now owns 489,234 shares of the business services provider’s stock worth $15,259,000 after purchasing an additional 160,665 shares during the period. Sei Investments Co. acquired a new stake in shares of WNS during the fourth quarter worth about $7,798,000. Finally, California Public Employees Retirement System grew its holdings in shares of WNS by 11.8% during the fourth quarter. California Public Employees Retirement System now owns 167,100 shares of the business services provider’s stock worth $5,212,000 after buying an additional 17,700 shares in the last quarter. 86.03% of the stock is currently owned by institutional investors and hedge funds.
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WNS 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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