In a report released today, Vincent Colicchio from Barrington maintained a Buy rating on WNS Limited (WNS), with a price target of $68. The company’s shares closed yesterday at $56.59, close to its 52-week high of $57.46.
Colicchio said:
“We are increasing our fiscal 2020 non-GAAP EPS forecast to $2.79 from $2.78 and introducing our initial fiscal 2021 non-GAAP EPS forecast of $3.12.”
According to TipRanks.com, Colicchio is ranked 0 out of 5 stars with an average return of -5.2% and a 52.1% success rate. Colicchio covers the Technology sector, focusing on stocks such as Sykes Enterprises Inc, Exlservice Holdings, and Computer Task.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for WNS Limited with a $64.20 average price target, a 13.4% upside from current levels. In a report released yesterday, Cantor Fitzgerald also maintained a Buy rating on the stock with a $63 price target.
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The company has a one-year high of $57.46 and a one-year low of $39.24. Currently, WNS Limited has an average volume of 124.1K.
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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.
