According to Zacks, “WNS HOLDINGS is a recognized leader in business process outsourcing.Their proposition is simple: They deliver value to their clients by bringing operational excellence and deep industry and functional knowledge to their critical business processes. They serve several industries, including travel, insurance, financial services, healthcare, professional services, manufacturing, distribution and retail. They also provide essential corporate functions, such as finance and accounting, human resources research and analytics. “
Several other equities analysts have also recently commented on the company. Robert W. Baird upped their price target on WNS (Holdings) from $35.00 to $37.00 and gave the company an outperform rating in a report on Thursday, September 15th. SunTrust Banks Inc. raised WNS (Holdings) from a neutral rating to a buy rating and upped their price target for the company from $31.00 to $36.00 in a report on Tuesday, August 9th. Cowen and Company assumed coverage on WNS (Holdings) in a report on Wednesday, July 20th. They issued a market perform rating for the company. JPMorgan Chase & Co. reaffirmed a buy rating and issued a $32.00 price target on shares of WNS (Holdings) in a report on Monday, July 18th. Finally, Needham & Company LLC reaffirmed a buy rating on shares of WNS (Holdings) in a report on Sunday, July 17th. Two investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The company has an average rating of Buy and an average target price of $35.14.
WNS (NYSE:WNS) opened at 27.75 on Wednesday. WNS has a 12 month low of $25.01 and a 12 month high of $34.37. The firm has a market cap of $1.41 billion, a price-to-earnings ratio of 25.00 and a beta of 0.85. The firm’s 50-day moving average price is $29.25 and its 200-day moving average price is $29.53.
A number of large investors have recently added to or reduced their stakes in WNS. BlackRock Inc. boosted its stake in WNS (Holdings) by 390.5% in the first quarter. BlackRock Inc. now owns 26,614 shares of the company’s stock worth $815,000 after buying an additional 21,188 shares in the last quarter. NN Investment Partners Holdings N.V. acquired a new stake in WNS (Holdings) during the first quarter worth $342,000. Cupps Capital Management LLC boosted its stake in WNS (Holdings) by 0.5% in the first quarter. Cupps Capital Management LLC now owns 123,955 shares of the company’s stock worth $3,797,000 after buying an additional 590 shares in the last quarter. Lazard Asset Management LLC boosted its stake in WNS (Holdings) by 86.0% in the first quarter. Lazard Asset Management LLC now owns 8,529 shares of the company’s stock worth $261,000 after buying an additional 3,943 shares in the last quarter. Finally, UBS Group AG boosted its stake in WNS (Holdings) by 139.3% in the first quarter. UBS Group AG now owns 26,155 shares of the company’s stock worth $801,000 after buying an additional 15,227 shares in the last quarter. 88.39% of the stock is owned by hedge funds and other institutional investors.
About WNS (Holdings)
WNS (Holdings) Limited (WNS) is engaged in providing business process management (BPM) services. The Company offers data, voice, analytical and business transformation services. The Company operates through two business segments: WNS Global BPM and WNS Auto Claims BPM. The WNS Global BPM segment is delivered out of the Company’s delivery centers in China, Costa Rica, India, the Philippines, Poland, Romania, South Africa, Sri Lanka, the United Kingdom and the United States.
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