Zacks Investment Research upgraded shares of WNS (Holdings) Limited (NYSE:WNS) from a sell rating to a buy rating in a research report released on Thursday morning. The firm currently has $33.00 price objective on the stock.

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 analysts also recently weighed in on WNS. Robert W. Baird raised WNS (Holdings) Limited from a neutral rating to an outperform rating and set a $35.00 target price on the stock in a research note on Tuesday, July 5th. Citigroup Inc. reaffirmed a buy rating on shares of WNS (Holdings) Limited in a research note on Saturday, July 9th. Deutsche Bank AG reaffirmed a buy rating on shares of WNS (Holdings) Limited in a research note on Sunday, July 17th. Cantor Fitzgerald reaffirmed a buy rating on shares of WNS (Holdings) Limited in a research note on Sunday, July 17th. Finally, Needham & Company LLC reaffirmed a buy rating on shares of WNS (Holdings) Limited in a research note on Sunday, July 17th. One research analyst has rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. The company currently has an average rating of Buy and an average price target of $36.00.

Shares of WNS (NYSE:WNS) opened at 29.80 on Thursday. The stock has a 50 day moving average price of $29.51 and a 200 day moving average price of $29.64. WNS has a 12 month low of $25.01 and a 12 month high of $34.37. The stock has a market capitalization of $1.51 billion, a P/E ratio of 26.85 and a beta of 0.50.

WNS (Holdings) Limited (NYSE:WNS) last announced its earnings results on Thursday, July 14th. The company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.01. The business had revenue of $148 million for the quarter, compared to the consensus estimate of $135.19 million. The firm’s revenue was up 10.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.42 EPS. On average, analysts anticipate that WNS will post $1.86 EPS for the current fiscal year.

Several institutional investors have recently modified their holdings of WNS. Nicholas Investment Partners LP boosted its position in shares of WNS (Holdings) Limited by 6.0% in the first quarter. Nicholas Investment Partners LP now owns 78,804 shares of the company’s stock worth $2,415,000 after buying an additional 4,436 shares during the last quarter. UBS Group AG boosted its position in shares of WNS (Holdings) Limited 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 during the last quarter. Lazard Asset Management LLC boosted its position in shares of WNS (Holdings) Limited 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 during the last quarter. Cupps Capital Management LLC boosted its position in shares of WNS (Holdings) Limited 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 during the last quarter. Finally, TimesSquare Capital Management LLC boosted its position in shares of WNS (Holdings) Limited by 2.1% in the first quarter. TimesSquare Capital Management LLC now owns 2,011,500 shares of the company’s stock worth $61,632,000 after buying an additional 41,600 shares during the last quarter.

WNS (Holdings) Limited Company Profile

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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