Exlservice Holdings Gets a Buy Rating from Robert W. Baird

By Ryan Adsit

In a report released today, David Koning from Robert W. Baird maintained a Buy rating on Exlservice Holdings (NASDAQ: EXLS), with a price target of $66. The company’s shares opened today at $60.21, close to its 52-week high of $60.30.

According to TipRanks.com, Koning is a top 100 analyst with an average return of 16.5% and a 85.9% success rate. Koning covers the Technology sector, focusing on stocks such as Jack Henry & Associates, Fidelity National Info, and Sykes Enterprises Inc.

Currently, the analyst consensus on Exlservice Holdings is Moderate Buy and the average price target is $62, representing a 3.0% upside.

In a report released today, Cowen & Co. also reiterated a Buy rating on the stock with a $54 price target.

The company has a one-year high of $60.30 and a one-year low of $42. Currently, Exlservice Holdings has an average volume of 150.9K.

Based on the recent corporate insider activity of 82 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

ExlService Holdings, Inc. engagegs in the provision of transformation and outsourcing services to global companies in industries including insurance, banking, financial services, utilities, transportation, and travel. It operates through the following segments: Insurance; Healthcare; Travel, Transportation, and Logistics; Finance and Accounting, Analytics, and All Other. The Insurance segment serves property and casualty insurance, life insurance, disability insurance, annuity, and retirement services companies. The Healthcare segment offers services related to care management or population health, payment integrity, revenue optimization, and customer engagement. The Travel, Transportation, and Logistics segment includes processing transportation, logistics transactions, supply chain management, warehousing, transportation management, and international logistics services. The Finance and Accounting segment comprises of procure-to-pay, order-to-cash, hire-to-retire, record-to-report, regulatory reporting, financial planning and analysis, audit and assurance, treasury, and tax processes. The Analytics segment consists of driving improved business outcomes for customers by generating data-driven insights. The All Other segment involves in banking, financial, utilities, and consulting services. The company was founded by Vikram Talwar and Rohit Kapoor in April 1999 and is headquartered in New York, NY.