Robert W. Baird Raises WNS (NYSE:WNS) Price Target to $66.00

WNS (NYSE:WNS) had its target price boosted by Robert W. Baird from $58.00 to $66.00 in a research note issued on Friday,Benzinga reports. The brokerage presently has an “outperform” rating on the business services provider’s stock. Robert W. Baird’s target price indicates a potential upside of 8.47% from the company’s current price.

Several other analysts also recently issued reports on the stock. TD Cowen downgraded shares of WNS from a “buy” rating to a “hold” rating and cut their target price for the company from $64.00 to $53.00 in a research note on Thursday, October 17th. Citigroup set a $55.00 price target on WNS in a research report on Thursday, October 17th. Jefferies Financial Group decreased their price objective on WNS from $60.00 to $55.00 and set a “buy” rating for the company in a research report on Tuesday. Deutsche Bank Aktiengesellschaft dropped their target price on WNS from $55.00 to $51.00 and set a “hold” rating on the stock in a report on Thursday, October 3rd. Finally, Barrington Research restated an “outperform” rating and set a $70.00 price target on shares of WNS in a report on Friday, October 18th. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, WNS has an average rating of “Moderate Buy” and an average target price of $61.00.

WNS Trading Up 22.9 %

NYSE:WNS opened at $60.84 on Friday. The stock has a fifty day simple moving average of $48.45 and a 200 day simple moving average of $52.25. The firm has a market capitalization of $2.91 billion, a price-to-earnings ratio of 23.40, a price-to-earnings-growth ratio of 2.00 and a beta of 1.16. WNS has a 1-year low of $39.85 and a 1-year high of $72.40. 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 (NYSE:WNS) last announced its earnings results on Thursday, January 23rd. The business services provider reported $0.89 EPS for the quarter, missing the consensus estimate of $1.04 by ($0.15). WNS had a return on equity of 22.76% and a net margin of 9.39%. Sell-side analysts forecast that WNS will post 3.52 earnings per share for the current year.

Institutional Trading of WNS

A number of institutional investors have recently added to or reduced their stakes in the business. Mount Yale Investment Advisors LLC raised its holdings in shares of WNS by 18.1% during the 4th quarter. Mount Yale Investment Advisors LLC now owns 5,261 shares of the business services provider’s stock valued at $249,000 after purchasing an additional 805 shares in the last quarter. Hunter Perkins Capital Management LLC raised its holdings in WNS by 46.7% during the fourth quarter. Hunter Perkins Capital Management LLC now owns 17,125 shares of the business services provider’s stock valued at $812,000 after buying an additional 5,455 shares in the last quarter. Blue Trust Inc. lifted its position in shares of 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 buying an additional 1,732 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of WNS by 15.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 36,770 shares of the business services provider’s stock worth $1,743,000 after acquiring an additional 4,852 shares in the last quarter. Finally, SG Americas Securities LLC increased its holdings in shares of WNS by 30.4% during the 4th quarter. SG Americas Securities LLC now owns 20,196 shares of the business services provider’s stock valued at $957,000 after acquiring an additional 4,705 shares during the last quarter. 97.36% of the stock is currently owned by institutional investors and hedge funds.

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.