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WNS Shares Surge Past Average Analyst Target Price

WNS Shares Surpass Expectations as Analysts Assess Future. Recent trading saw WNS shares climbing above the $58.40 analyst target, prompting investors to consider if this is a signal to buy or take profits.

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AI Rating:   7

Stock Performance and Analyst Ratings
WNS shares have recently crossed above the average analyst 12-month target price of $58.40, currently trading at $60.70/share. This milestone suggests a growing optimism amongst investors regarding the company's performance and potential for future growth.

Analyst reactions to this price movement can vary. With the stock surpassing the target, analysts may either consider downgrading due to valuation concerns or raise their target prices to reflect the stock's upward momentum. Currently, there are 10 different analyst targets contributing to the average for WNS, showcasing a range of expectations from a low of $45.00 to a high of $68.00, indicating a varied sentiment among analysts.

The current breakdown of analyst ratings for WNS presents a compelling bullish sentiment, emphasizing that there are 7 strong buy ratings, 1 buy rating, 3 hold ratings, and no sell ratings. The average rating stands at 1.64, indicating a strong buy as the consensus among analysts.

This positive sentiment is a strong indicator as it lacks any sell or negative ratings, which could suggest that investor confidence is robust at this point.