WNS (NYSE:WNS) Given New $75.00 Price Target at Barrington Research

WNS (NYSE:WNS) had its target price boosted by research analysts at Barrington Research from $63.00 to $75.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has an “outperform” rating on the business services provider’s stock. Barrington Research’s price objective suggests a potential upside of 17.00% from the stock’s current price.

A number of other brokerages have also recently commented on WNS. Robert W. Baird increased their price objective on shares of WNS from $58.00 to $66.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Jefferies Financial Group cut their price target on WNS from $60.00 to $55.00 and set a “buy” rating for the company in a report on Tuesday, January 21st. StockNews.com raised shares of WNS from a “hold” rating to a “buy” rating in a research note on Friday, January 24th. Finally, Needham & Company LLC raised their target price on shares of WNS from $65.00 to $70.00 and gave the stock a “buy” rating in a research report on Tuesday, March 11th. Three analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, WNS has an average rating of “Moderate Buy” and an average price target of $62.25.

WNS Price Performance

Shares of NYSE WNS traded down $0.70 during trading on Wednesday, hitting $64.11. 15,345 shares of the company were exchanged, compared to its average volume of 510,927. The firm’s fifty day moving average price is $58.30 and its 200 day moving average price is $52.86. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.81 and a quick ratio of 1.81. The company has a market cap of $2.96 billion, a price-to-earnings ratio of 22.41, a PEG ratio of 2.10 and a beta of 1.22. WNS has a 1 year low of $39.85 and a 1 year high of $65.03.

WNS (NYSE:WNS) last issued its earnings results on Thursday, January 23rd. The business services provider reported $0.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.15). WNS had a net margin of 10.03% and a return on equity of 22.25%. On average, sell-side analysts expect that WNS will post 3.8 earnings per share for the current fiscal year.

Institutional Investors Weigh In On WNS

A number of institutional investors have recently added to or reduced their stakes in the company. MetLife Investment Management LLC lifted its stake in shares of WNS by 0.7% in the 4th quarter. MetLife Investment Management LLC now owns 25,575 shares of the business services provider’s stock valued at $1,212,000 after purchasing an additional 187 shares in the last quarter. Inspire Advisors LLC increased its holdings in WNS by 4.0% in the 4th quarter. Inspire Advisors LLC now owns 12,836 shares of the business services provider’s stock valued at $608,000 after purchasing an additional 493 shares in the last quarter. LPL Financial LLC raised its position in WNS by 3.9% in the fourth quarter. LPL Financial LLC now owns 13,770 shares of the business services provider’s stock valued at $653,000 after purchasing an additional 514 shares during the period. Mount Yale Investment Advisors LLC lifted its stake in shares of WNS by 18.1% during the fourth quarter. Mount Yale Investment Advisors LLC now owns 5,261 shares of the business services provider’s stock worth $249,000 after purchasing an additional 805 shares in the last quarter. Finally, Johnson Financial Group Inc. purchased a new stake in shares of WNS in the fourth quarter worth about $53,000. Hedge funds and other institutional investors own 97.36% of the company’s stock.

About WNS

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.