WNS (NYSE:WNS) Price Target Raised to $75.00

WNS (NYSE:WNS) had its price target lifted by Barrington Research from $63.00 to $75.00 in a research report sent to investors on Wednesday morning,Benzinga reports. Barrington Research currently has an outperform rating on the business services provider’s stock.

A number of other analysts have also recently weighed in on WNS. Needham & Company LLC increased their price target on WNS from $65.00 to $70.00 and gave the stock a “buy” rating in a research report on Tuesday, March 11th. Jefferies Financial Group dropped their target price on WNS from $60.00 to $55.00 and set a “buy” rating on the stock in a research report on Tuesday, January 21st. StockNews.com upgraded WNS from a “hold” rating to a “buy” rating in a research note on Friday, January 24th. Finally, Robert W. Baird upped their price target on shares of WNS from $58.00 to $66.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $62.25.

WNS Stock Performance

Shares of WNS opened at $61.22 on Wednesday. The stock has a market capitalization of $2.83 billion, a PE ratio of 21.41, a price-to-earnings-growth ratio of 2.10 and a beta of 1.22. The business’s fifty day moving average price is $59.34 and its 200 day moving average price is $53.04. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.81 and a quick ratio of 1.81. WNS has a 12-month low of $39.85 and a 12-month high of $65.26.

WNS (NYSE:WNS) last posted its quarterly earnings results on Thursday, January 23rd. The business services provider reported $0.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.15). WNS had a return on equity of 22.25% and a net margin of 10.03%. Equities research analysts forecast that WNS will post 3.8 EPS for the current year.

Hedge Funds Weigh In On WNS

Several large investors have recently bought and sold shares of WNS. Johnson Financial Group Inc. acquired a new stake in shares of WNS in the 4th quarter worth approximately $53,000. Blue Trust Inc. lifted its position in WNS by 65.0% in the fourth quarter. Blue Trust Inc. now owns 4,397 shares of the business services provider’s stock worth $208,000 after purchasing an additional 1,732 shares during the period. Pictet Asset Management Holding SA bought a new position in WNS during the 4th quarter valued at $213,000. Cetera Investment Advisers raised its stake in shares of WNS by 35.0% in the 4th quarter. Cetera Investment Advisers now owns 5,134 shares of the business services provider’s stock worth $243,000 after buying an additional 1,331 shares in the last quarter. Finally, Mount Yale Investment Advisors LLC lifted its holdings in shares of WNS by 18.1% in the fourth quarter. Mount Yale Investment Advisors LLC now owns 5,261 shares of the business services provider’s stock valued at $249,000 after buying an additional 805 shares during the period. Institutional investors and hedge funds own 97.36% of the company’s stock.

WNS Company Profile

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.