UPDATE: Oppenheimer Upgrades WNS (Holdings) (WNS) to Outperform; Raising Estimates on Improving Growth Profile
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Price: $16.20 -0.31%
Rating Summary:
8 Buy, 3 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Rating Summary:
8 Buy, 3 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Trade WNS Now!
(Updated - July 16, 2012 2:53 PM EDT)
Oppenheimer upgraded WNS (Holdings) (NYSE: WNS) from Perform to Outperform with a price target of $12.50.
Analyst, Manish Hemrajani, said, "Our upgrade is premised on 1) Improving growth profile following two years of negative to flat growth, 2) Attractive valuation with WNS trading below historical means and at too steep a discount to peers Exlservice (Nasdaq: EXLS) and Genpact (NYSE: G), 3) Healthy deal pipelines and 4) Improving client metrics with solid new client growth."
FY13 EPS estimate raised from $1.02 to $1.04, and revenues increased from $423.3M to $429.1M. For FY14, EPS estimate raised from $1.11 to $1.15 and revenues from $461.2M to $470.3M.
For an analyst ratings summary and ratings history on WNS (Holdings) click here. For more ratings news on WNS (Holdings) click here.
Shares of WNS (Holdings) closed at $9.55 yesterday, with a 52 week range of $7.82-$13.05.
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Oppenheimer upgraded WNS (Holdings) (NYSE: WNS) from Perform to Outperform with a price target of $12.50.
Analyst, Manish Hemrajani, said, "Our upgrade is premised on 1) Improving growth profile following two years of negative to flat growth, 2) Attractive valuation with WNS trading below historical means and at too steep a discount to peers Exlservice (Nasdaq: EXLS) and Genpact (NYSE: G), 3) Healthy deal pipelines and 4) Improving client metrics with solid new client growth."
FY13 EPS estimate raised from $1.02 to $1.04, and revenues increased from $423.3M to $429.1M. For FY14, EPS estimate raised from $1.11 to $1.15 and revenues from $461.2M to $470.3M.
For an analyst ratings summary and ratings history on WNS (Holdings) click here. For more ratings news on WNS (Holdings) click here.
Shares of WNS (Holdings) closed at $9.55 yesterday, with a 52 week range of $7.82-$13.05.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
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