Android app on Google Play

UPDATE: Oppenheimer Upgrades WNS (Holdings) (WNS) to Outperform; Raising Estimates on Improving Growth Profile

July 16, 2012 7:10 AM EDT Send to a Friend
Get Alerts WNS Hot Sheet
Price: $19.76 -0.75%

Rating Summary:
    9 Buy, 3 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 8 | Down: 11 | New: 4
Trade WNS Now!
Join SI Premium – FREE
(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.




You May Also Be Interested In


Related Categories

Analyst EPS Change, Analyst EPS View, Upgrades

Add Your Comment