In a report released today, Vincent Colicchio from Barrington assigned a Buy rating to WNS (WNS – Research Report), with a price target of $97.00. The company’s shares closed yesterday at $81.37.
Colicchio covers the Services sector, focusing on stocks such as Barrett Business Services, Perficient, and WNS. According to TipRanks, Colicchio has an average return of 9.4% and a 52.44% success rate on recommended stocks.
Currently, the analyst consensus on WNS is a Strong Buy with an average price target of $98.50.
See today’s best-performing stocks on TipRanks >>
Based on WNS’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $295.35 million and a net profit of $33.06 million. In comparison, last year the company earned a revenue of $253.2 million and had a net profit of $26.8 million
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
WNS (Holdings) Ltd. is a global business process management company. It offers comprehensive data, voice, analytical and business transformation services with a blended onshore, nearshore and offshore delivery model. The company operates through two segments: WNS Global BPM and WNS Auto Claims BPM. The WNS Global BPM is delivered out of its delivery centers in China Costa Rica, India, the Philippines, Poland, Romania, South Africa, Sri Lanka, the United Kingdom and the U.S., as well as its subcontractors delivery center in China. This segment includes all of the company’s business activities with the exception of WNS Auto Claims BPM. The WNS Auto Claims BPM segment is automobile claims management business which is primarily based in the United Kingdom and is part of its insurance business unit. WNS (Holdings) was founded by Alan Stephen Dunning, David Charles Tibble and Neeraj Bhargava on February 18, 2002 and is headquartered in Mumbai, India.