WNS (NYSE:WNS) Stock Rating Lowered by Deutsche Bank Aktiengesellschaft

WNS (NYSE:WNS) was downgraded by equities research analysts at Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research report issued on Friday, MarketBeat reports. They currently have a $44.00 price objective on the business services provider’s stock, down from their prior price objective of $64.00. Deutsche Bank Aktiengesellschaft’s price objective indicates a potential upside of 4.84% from the stock’s current price.

A number of other analysts have also weighed in on WNS. StockNews.com lowered WNS from a “buy” rating to a “hold” rating in a research note on Tuesday, April 2nd. Needham & Company LLC dropped their price target on shares of WNS from $80.00 to $60.00 and set a “buy” rating for the company in a research report on Thursday. Barrington Research reaffirmed an “outperform” rating and set a $72.00 price objective on shares of WNS in a research note on Monday, April 15th. Finally, Citigroup cut their target price on WNS from $80.00 to $62.00 and set a “buy” rating on the stock in a research note on Monday. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $73.50.

WNS Trading Down 10.4 %

NYSE WNS opened at $41.97 on Friday. The stock has a 50-day moving average of $53.17 and a 200-day moving average of $58.77. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.82 and a quick ratio of 1.82. WNS has a 1-year low of $40.06 and a 1-year high of $91.88.

Institutional Investors Weigh In On WNS

Hedge funds have recently made changes to their positions in the company. Lindbrook Capital LLC increased its holdings in shares of WNS by 33.0% in the 4th quarter. Lindbrook Capital LLC now owns 754 shares of the business services provider’s stock worth $48,000 after purchasing an additional 187 shares in the last quarter. CWM LLC increased its holdings in WNS by 490.6% in the 4th quarter. CWM LLC now owns 756 shares of the business services provider’s stock worth $48,000 after buying an additional 628 shares in the last quarter. Parallel Advisors LLC raised its position in WNS by 30.4% in the 4th quarter. Parallel Advisors LLC now owns 841 shares of the business services provider’s stock worth $53,000 after buying an additional 196 shares during the last quarter. GAMMA Investing LLC bought a new position in WNS during the 4th quarter valued at about $64,000. Finally, Harbor Investment Advisory LLC boosted its holdings in shares of WNS by 32.0% during the 1st quarter. Harbor Investment Advisory LLC now owns 1,517 shares of the business services provider’s stock valued at $77,000 after acquiring an additional 368 shares during the last quarter. 97.36% of the stock is currently owned by institutional investors.

About WNS

WNS (Holdings) Limited, a business process management (BPM) company, provides data, voice, analytical, and business transformation services worldwide. The company operates through two segments, WNS Global BPM and WNS Auto Claims BPM. It offers industry-specific services to clients primarily in insurance; diversified businesses, including manufacturing, retail, consumer packaged goods, media and entertainment, and telecommunication; travel and leisure; healthcare; utilities; shipping and logistics; Hi-tech and professional services; and banking and financial services.