Will Investors Now Buy WNS Holdings Ltd (NYSE:WNS) Stock Following Today’s, Goldman Sachs Upgrades?


WNS Holdings Ltd (NYSE:WNS) Stock Upgrade

Goldman Sachs gave WNS Holdings Ltd (NYSE:WNS) shares a new “Buy” rating in analysts report revealed to clients and investors on Tuesday, 15 December. The increase from the earlier “Neutral” rating is certainly an interesting one.

From a total of 10 analysts covering WNS Holdings Ltd. (NYSE:WNS) stock, 7 rate it a ”Buy”, 0 a “Sell”, and 5 a ”Hold”. This means that 58% of the ratings are positive. The highest target price is $40 while the lowest target price is $32. The mean of all analyst targets is $34.7 with a 16.53% above today’s ($30.55) stock price. WNS Holdings Ltd. was the topic of 11 analyst reports since August 14, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank maintained shares on October 16 with “Buy” rating. Needham maintained WNS stock in a recent report from October 16 with “Strong Buy” rating. Finally, Maxim Group maintained the stock with “Buy” rating in a report issued on an October 15.

Approximately 167,006 shares of stock traded hands or 31.66% up from the average. WNS (Holdings) Limited (ADR) (NYSE:WNS) has risen 13.91% since May 12, 2015 and is uptrending. It has outperformed by 17.59% the S&P500.

WNS Limited (WNS) is engaged in providing business process management (BPM) services. The company has a market cap of $1.53 billion. The Firm offers data, voice, analytical and business transformation services. It has 27.38 P/E ratio. The Firm operates through two business divisions: WNS Global BPM and WNS Auto Claims BPM.

According to Zacks Investment Research, “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.”