WNS (Holdings) Limited (NYSE:WNS)‘s stock had its “strong-buy” rating reissued by Needham & Company LLC in a research note issued on Sunday. They currently have a $46.00 price target on the business services provider’s stock, up from their prior price target of $42.00. Needham & Company LLC’s target price points to a potential upside of 22.41% from the stock’s previous close.

A number of other equities research analysts also 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 Friday. Maxim Group reaffirmed a “buy” rating and set a $42.00 price objective on shares of WNS (Holdings) Limited in a research report on Friday. Cowen and Company reaffirmed a “buy” rating and set a $43.00 price objective on shares of WNS (Holdings) Limited in a research report on Sunday. Wedbush began coverage on shares of WNS (Holdings) Limited in a research report on Thursday, August 3rd. They set an “outperform” rating and a $42.00 price objective for the company. Finally, Zacks Investment Research raised shares of WNS (Holdings) Limited from a “sell” rating to a “hold” rating in a research report on Thursday, August 3rd. One investment analyst has rated the stock with a sell rating, twelve have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $42.36.

WNS (WNS) opened at 37.58 on Friday. The company’s 50 day moving average price is $36.85 and its 200-day moving average price is $34.40. The stock has a market cap of $1.90 billion, a price-to-earnings ratio of 47.03 and a beta of 0.98. WNS has a 12-month low of $24.82 and a 12-month high of $38.30.

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

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Hedge funds and other institutional investors have recently bought and sold shares of the business. OLD National Bancorp IN bought a new position in WNS (Holdings) Limited in the 3rd quarter worth about $202,000. 1st Global Advisors Inc. bought a new position in WNS (Holdings) Limited in the 2nd quarter worth about $223,000. Financial Counselors Inc. bought a new position in WNS (Holdings) Limited in the 2nd quarter worth about $236,000. LaSalle Street Capital Management LLC bought a new position in WNS (Holdings) Limited in the 2nd quarter worth about $246,000. Finally, PNC Financial Services Group Inc. grew its position in WNS (Holdings) Limited by 28.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 7,860 shares of the business services provider’s stock worth $224,000 after purchasing an additional 1,720 shares during the last quarter. Hedge funds and other institutional investors own 85.72% of the company’s stock.

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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