WNS (Holdings) Limited (NYSE:WNS) Given Consensus Recommendation of “Moderate Buy” by Analysts

WNS (Holdings) Limited (NYSE:WNS) has earned an average rating of “Moderate Buy” from the six research firms that are covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $60.33.

WNS has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft dropped their price target on WNS from $55.00 to $51.00 and set a “hold” rating for the company in a research note on Thursday, October 3rd. Barrington Research reissued an “outperform” rating and issued a $70.00 price objective on shares of WNS in a research report on Friday, October 18th. TD Cowen cut shares of WNS from a “buy” rating to a “hold” rating and decreased their price target for the stock from $64.00 to $53.00 in a research report on Thursday, October 17th. Jefferies Financial Group cut their price objective on WNS from $60.00 to $55.00 and set a “buy” rating on the stock in a research report on Tuesday. Finally, Needham & Company LLC decreased their price target on WNS from $70.00 to $60.00 and set a “buy” rating for the company in a report on Friday, October 18th.

Institutional Trading of WNS

Institutional investors and hedge funds have recently bought and sold shares of the company. Amalgamated Bank bought a new position in shares of WNS in the 2nd quarter worth about $84,000. EverSource Wealth Advisors LLC boosted its stake in WNS by 228.9% in the second quarter. EverSource Wealth Advisors LLC now owns 523 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 364 shares during the period. Bank of Montreal Can bought a new position in shares of WNS during the second quarter valued at approximately $922,000. Employees Retirement System of Texas lifted its holdings in shares of WNS by 33.7% in the 2nd quarter. Employees Retirement System of Texas now owns 12,596 shares of the business services provider’s stock worth $661,000 after purchasing an additional 3,172 shares during the last quarter. Finally, The Manufacturers Life Insurance Company bought a new stake in WNS in the second quarter valued at $876,000. Institutional investors and hedge funds own 97.36% of the company’s stock.

WNS Trading Up 4.8 %

Shares of WNS traded up $2.22 during mid-day trading on Tuesday, hitting $48.80. The company had a trading volume of 88,587 shares, compared to its average volume of 402,383. The stock has a market cap of $2.33 billion, a PE ratio of 18.77, a P/E/G ratio of 1.88 and a beta of 1.16. The business’s 50-day simple moving average is $48.67 and its 200-day simple moving average is $52.31. WNS has a 1-year low of $39.85 and a 1-year high of $72.57. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 0.23.

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.