Zacks Investment Research upgraded shares of WNS (Holdings) Limited (NYSE:WNS) from a sell rating to a buy rating in a research note published on Thursday morning. Zacks Investment Research 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. “

WNS has been the subject of several other research reports. Robert W. Baird upgraded WNS (Holdings) Limited from a neutral rating to an outperform rating and set a $35.00 target price for the company in a research note on Tuesday, July 5th. Cowen and Company started coverage on WNS (Holdings) Limited in a research note on Wednesday, July 20th. They set a market perform rating for the company. SunTrust Banks Inc. upgraded WNS (Holdings) Limited from a neutral rating to a buy rating and boosted their target price for the stock from $31.00 to $36.00 in a research note on Tuesday, August 9th. JPMorgan Chase & Co. reiterated a buy rating and issued a $32.00 price objective on shares of WNS (Holdings) Limited in a research note on Monday, July 18th. Finally, Needham & Company LLC reiterated a buy rating on shares of WNS (Holdings) Limited in a research note on Sunday, July 17th. One analyst has rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus price target of $36.00.

Shares of WNS (NYSE:WNS) opened at 29.80 on Thursday. The stock’s 50 day moving average is $29.51 and its 200-day moving average is $29.64. WNS has a 52 week low of $25.01 and a 52 week high of $34.37. The firm has a market cap of $1.51 billion, a PE ratio of 26.85 and a beta of 0.50.

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

Several hedge funds have recently modified their holdings of WNS. 1st Global Advisors Inc. increased its stake in shares of WNS (Holdings) Limited by 3.2% in the second quarter. 1st Global Advisors Inc. now owns 8,582 shares of the company’s stock valued at $232,000 after buying an additional 265 shares in the last quarter. OLD National Bancorp IN increased its stake in shares of WNS (Holdings) Limited by 4.6% in the first quarter. OLD National Bancorp IN now owns 8,358 shares of the company’s stock valued at $256,000 after buying an additional 367 shares in the last quarter. Nuveen Asset Management LLC increased its stake in shares of WNS (Holdings) Limited by 1.1% in the first quarter. Nuveen Asset Management LLC now owns 40,518 shares of the company’s stock valued at $1,241,000 after buying an additional 448 shares in the last quarter. Cupps Capital Management LLC increased its stake 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 valued at $3,797,000 after buying an additional 590 shares in the last quarter. Finally, Panagora Asset Management Inc. increased its stake in shares of WNS (Holdings) Limited by 3.6% in the first quarter. Panagora Asset Management Inc. now owns 31,830 shares of the company’s stock valued at $975,000 after buying an additional 1,097 shares in 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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