WNS (NYSE:WNS) Given New $66.00 Price Target at Robert W. Baird

WNS (NYSE:WNS) had its price objective upped by Robert W. Baird from $58.00 to $66.00 in a report issued on Friday,Benzinga reports. The firm currently has an “outperform” rating on the business services provider’s stock. Robert W. Baird’s price objective points to a potential upside of 6.07% from the stock’s previous close.

Several other research analysts have also commented on the stock. Jefferies Financial Group cut their price target on shares of WNS from $60.00 to $55.00 and set a “buy” rating on the stock in a report on Tuesday, January 21st. Citigroup set a $55.00 target price on shares of WNS in a research note on Thursday, October 17th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of WNS from $55.00 to $51.00 and set a “hold” rating for the company in a research report on Thursday, October 3rd. Barrington Research restated an “outperform” rating and set a $70.00 price objective on shares of WNS in a research note on Friday, October 18th. Finally, Needham & Company LLC increased their target price on WNS from $60.00 to $65.00 and gave the company a “buy” rating in a research note on Thursday. Three analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $61.00.

WNS Stock Up 2.5 %

WNS opened at $62.22 on Friday. The stock has a market capitalization of $2.97 billion, a price-to-earnings ratio of 23.93, a price-to-earnings-growth ratio of 2.00 and a beta of 1.16. WNS has a 12 month low of $39.85 and a 12 month high of $72.40. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.62 and a quick ratio of 1.62. The business has a 50-day moving average of $48.89 and a two-hundred day moving average of $52.37.

WNS (NYSE:WNS) last posted its quarterly earnings results on Thursday, January 23rd. The business services provider reported $0.89 earnings per share for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.15). WNS had a return on equity of 22.76% and a net margin of 9.39%. On average, research analysts expect that WNS will post 3.52 earnings per share for the current year.

Institutional Trading of WNS

Hedge funds and other institutional investors have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC boosted its holdings in WNS by 228.9% in the second quarter. EverSource Wealth Advisors LLC now owns 523 shares of the business services provider’s stock worth $27,000 after purchasing an additional 364 shares during the period. Financial Management Professionals Inc. acquired a new position in shares of WNS in the 3rd quarter valued at about $46,000. Amalgamated Bank bought a new stake in shares of WNS during the 2nd quarter valued at about $84,000. GAMMA Investing LLC raised its stake in WNS by 237.2% during the third quarter. GAMMA Investing LLC now owns 2,141 shares of the business services provider’s stock worth $113,000 after acquiring an additional 1,506 shares during the period. Finally, Blue Trust Inc. lifted its holdings in WNS by 1,151.2% in the third quarter. Blue Trust Inc. now owns 2,665 shares of the business services provider’s stock worth $140,000 after acquiring an additional 2,452 shares during the last quarter. Institutional investors 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.