WNS (Holdings) Limited (NYSE:WNS) has been given an average rating of “Buy” by the eleven analysts that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $38.56.

WNS has been the subject of several recent analyst reports. Barrington Research upped their target price on WNS (Holdings) Limited from $38.00 to $40.00 and gave the company an “outperform” rating in a report on Friday, July 21st. Zacks Investment Research lowered WNS (Holdings) Limited from a “buy” rating to a “hold” rating in a report on Saturday, May 27th. Cantor Fitzgerald reissued a “buy” rating and set a $38.00 price objective on shares of WNS (Holdings) Limited in a report on Thursday, June 29th. Bank of America Corp increased their price objective on WNS (Holdings) Limited from $37.00 to $38.00 and gave the company a “buy” rating in a report on Friday, July 21st. Finally, Cowen and Company reissued a “buy” rating and set a $39.00 price objective on shares of WNS (Holdings) Limited in a report on Friday, July 21st.

Shares of WNS (NYSE WNS) traded down 0.06% on Tuesday, hitting $34.99. The stock had a trading volume of 265,808 shares. The stock’s 50-day moving average price is $34.77 and its 200 day moving average price is $31.71. WNS has a 52 week low of $24.82 and a 52 week high of $36.07. The company has a market cap of $1.77 billion, a PE ratio of 43.79 and a beta of 0.97.

WNS (Holdings) Limited (NYSE:WNS) last released its earnings results on Thursday, July 20th. The business services provider reported $0.45 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.45. The company had revenue of $175.30 million during the quarter, compared to analyst estimates of $162.73 million. WNS (Holdings) Limited had a return on equity of 15.70% and a net margin of 9.27%. WNS (Holdings) Limited’s quarterly revenue was up 18.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.45 earnings per share. On average, analysts predict that WNS will post $1.99 EPS for the current year.

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Institutional investors have recently made changes to their positions in the stock. TimesSquare Capital Management LLC raised its position in shares of WNS (Holdings) Limited by 0.7% in the first quarter. TimesSquare Capital Management LLC now owns 2,473,159 shares of the business services provider’s stock valued at $70,757,000 after buying an additional 16,184 shares during the period. Wellington Management Group LLP raised its position in shares of WNS (Holdings) Limited by 4.5% in the first quarter. Wellington Management Group LLP now owns 2,229,462 shares of the business services provider’s stock valued at $63,784,000 after buying an additional 96,100 shares during the period. Renaissance Technologies LLC raised its position in shares of WNS (Holdings) Limited by 0.7% in the first quarter. Renaissance Technologies LLC now owns 1,408,223 shares of the business services provider’s stock valued at $40,289,000 after buying an additional 9,423 shares during the period. Acadian Asset Management LLC raised its position in shares of WNS (Holdings) Limited by 46.8% in the first quarter. Acadian Asset Management LLC now owns 1,358,337 shares of the business services provider’s stock valued at $38,862,000 after buying an additional 433,104 shares during the period. Finally, Victory Capital Management Inc. raised its position in shares of WNS (Holdings) Limited by 1.5% in the second quarter. Victory Capital Management Inc. now owns 1,166,436 shares of the business services provider’s stock valued at $40,079,000 after buying an additional 16,958 shares during the period. 86.75% of the stock is owned by institutional investors and hedge funds.

About WNS (Holdings) Limited

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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