Wipro Limited Upgraded to Buy by Nomura (WIT)

Nomura upgraded shares of Wipro Limited (NYSE: WIT) to a buy rating in a report released on Wednesday.

Shares of Wipro Limited opened at 9.60 on Wednesday. Wipro Limited has a 52 week low of $7.56 and a 52 week high of $11.28. The stock’s 50-day moving average is currently $9.42. The company has a market cap of $23.498 billion and a P/E ratio of 19.59.

Several other analysts have also recently commented on the stock. Analysts at TheStreet upgraded shares of Wipro Limited from a hold rating to a buy rating in a research note to investors on Tuesday, February 12th. Analysts at UBS AG upgraded shares of Wipro Limited from a sell rating to a buy rating in a research note to investors on Wednesday, January 16th.

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