Deutsche Bank Reinstates Coverage on WNS with $77 Target Amid Mixed Sentiment

Image Source: Marketing Report

WNS (Holdings) Ltd has received renewed analyst attention as Deutsche Bank resumes coverage with a Hold rating and a target price of $77. The move reflects cautious optimism amid broader market volatility and sectorspecific headwinds.

Key Highlights:

The $77 price target suggests limited upside from current levels, indicating valuation concerns despite operational strength.
Deutsche Bank’s stance aligns with recent analyst sentiment, where WNS has seen a mix of Buy and Hold ratings across the board.

Market Context:

WNS stock has experienced a 20% decline since February, driven by slower growth projections and client transitions.
Despite this, analysts like Bryan Bergin from TD Cowen maintain a Buy rating, citing strategic positioning and longterm growth potential.

Investor Takeaway:

The Hold rating implies a waitandwatch approach, with Deutsche Bank expecting FY25 guidance to be a key catalyst.
WNS’s focus on digital transformation and cost discipline remains central to its recovery narrative.

Sources: PriceTargets.com, Markets Insider, Business Insider, Deutsche Bank Research.