Analysts Set WNS (Holdings) Limited (NYSE:WNS) Target Price at $72.80

WNS (Holdings) Limited (NYSE:WNS) has been given an average recommendation of “Hold” by the eight ratings firms that are currently covering the company, MarketBeat Ratings reports. Seven investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $72.80.

Several research analysts recently commented on WNS shares. Barrington Research lowered shares of WNS from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 8th. Weiss Ratings restated a “hold (c)” rating on shares of WNS in a report on Wednesday, October 8th. Wall Street Zen lowered shares of WNS from a “buy” rating to a “hold” rating in a report on Saturday, July 12th. William Blair lowered shares of WNS from a “strong-buy” rating to a “market perform” rating in a report on Monday, July 7th. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of WNS in a report on Thursday, July 17th. They issued a “hold” rating and a $76.50 price target on the stock.

WNS Price Performance

WNS stock opened at $75.98 on Thursday. WNS has a 12-month low of $42.62 and a 12-month high of $76.48. The stock has a market capitalization of $3.26 billion, a P/E ratio of 21.16, a P/E/G ratio of 2.25 and a beta of 0.91. The firm’s 50-day moving average is $75.89 and its two-hundred day moving average is $68.73. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.47 and a quick ratio of 1.47.

Institutional Trading of WNS

Hedge funds have recently made changes to their positions in the company. J.Safra Asset Management Corp raised its stake in shares of WNS by 67.7% during the second quarter. J.Safra Asset Management Corp now owns 483 shares of the business services provider’s stock valued at $29,000 after purchasing an additional 195 shares during the period. GAMMA Investing LLC raised its stake in shares of WNS by 49.3% during the third quarter. GAMMA Investing LLC now owns 615 shares of the business services provider’s stock valued at $47,000 after purchasing an additional 203 shares during the period. Quarry LP purchased a new stake in shares of WNS during the first quarter valued at approximately $47,000. Assetmark Inc. raised its stake in shares of WNS by 17.3% during the second quarter. Assetmark Inc. now owns 909 shares of the business services provider’s stock valued at $57,000 after purchasing an additional 134 shares during the period. Finally, EverSource Wealth Advisors LLC raised its stake in shares of WNS by 206.6% during the second quarter. EverSource Wealth Advisors LLC now owns 1,432 shares of the business services provider’s stock valued at $91,000 after purchasing an additional 965 shares during the period. Hedge funds and other institutional investors own 97.36% of the company’s stock.

About WNS

WNS (Holdings) Limited, a business process management (BPM) company, provides data, voice, analytical, and business transformation services worldwide. The company operates through TSLU, MRHP, HCLS, and BFSI segments. It engages in diversified business, including manufacturing, retail, consumer packaged goods, media and entertainment, and telecommunication; travel and leisure, utilities, shipping, and logistics; healthcare and life sciences; banking, financial services, and insurance; and Hi-tech and professional services, as well as procurement.