WSP Global Inc. (TSE:WSP) Receives Consensus Recommendation of “Buy” from Analysts

WSP Global Inc. (TSE:WSPGet Rating) has received a consensus rating of “Buy” from the twelve ratings firms that are presently covering the company, MarketBeat.com reports. Six investment analysts have rated the stock with a buy recommendation. The average 12 month price objective among brokers that have covered the stock in the last year is C$184.20.

A number of research analysts have recently commented on WSP shares. TD Securities upped their price target on shares of WSP Global from C$185.00 to C$190.00 and gave the stock a “buy” rating in a report on Wednesday, August 17th. Royal Bank of Canada upped their price target on shares of WSP Global from C$197.00 to C$199.00 and gave the stock an “outperform” rating in a report on Thursday, June 2nd. Raymond James upped their price target on shares of WSP Global from C$185.00 to C$195.00 and gave the stock an “outperform” rating in a report on Wednesday, August 17th. CIBC upped their price target on shares of WSP Global from C$175.00 to C$181.00 and gave the stock an “outperform” rating in a report on Wednesday, August 17th. Finally, Canaccord Genuity Group dropped their target price on shares of WSP Global from C$200.00 to C$190.00 in a report on Thursday, June 2nd.

WSP Global Trading Down 0.1 %

WSP stock opened at C$161.14 on Tuesday. The company has a quick ratio of 1.10, a current ratio of 1.18 and a debt-to-equity ratio of 59.20. WSP Global has a twelve month low of C$130.65 and a twelve month high of C$187.94. The stock has a market capitalization of C$20.03 billion and a price-to-earnings ratio of 42.29. The firm’s fifty day simple moving average is C$155.33 and its two-hundred day simple moving average is C$152.30.

WSP Global (TSE:WSPGet Rating) last posted its quarterly earnings data on Monday, August 8th. The company reported C$1.30 earnings per share for the quarter, beating analysts’ consensus estimates of C$1.28 by C$0.02. The firm had revenue of C$2.11 billion for the quarter, compared to the consensus estimate of C$2.12 billion. As a group, analysts anticipate that WSP Global will post 6.7499996 earnings per share for the current year.

WSP Global Company Profile

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WSP Global Inc operates as a professional services consulting firm in the United States, Canada, the United Kingdom, Sweden, Australia, and internationally. It advises, plans, designs, and manages projects for rail transit, aviation, highways, bridges, tunnels, water, maritime, and urban infrastructure for public and private clients, construction contractors, and other partners.

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Analyst Recommendations for WSP Global (TSE:WSP)

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