WSP Global Inc (TSE:WSP) Receives Average Recommendation of “Buy” from Analysts
Shares of WSP Global Inc (TSE:WSP) have earned a consensus rating of “Buy” from the ten ratings firms that are presently covering the stock, Marketbeat.com reports. Six investment analysts have rated the stock with a buy rating. The average 12-month price objective among brokers that have issued a report on the stock in the last year is C$81.69.
Several equities analysts have recently issued reports on WSP shares. BMO Capital Markets lifted their price objective on WSP Global from C$74.00 to C$76.00 in a research note on Friday, August 9th. AltaCorp Capital upgraded WSP Global from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, May 14th. Royal Bank of Canada boosted their target price on WSP Global from C$87.00 to C$88.00 and gave the stock an “outperform” rating in a research note on Friday, August 9th. Raymond James restated an “outperform” rating and set a C$86.00 target price on shares of WSP Global in a research note on Friday, August 9th. Finally, National Bank Financial upgraded WSP Global from a “sector perform” rating to an “outperform” rating and boosted their target price for the stock from C$75.00 to C$79.00 in a research note on Wednesday, May 15th.
Shares of WSP traded up C$0.31 during midday trading on Wednesday, hitting C$71.66. The company had a trading volume of 108,350 shares, compared to its average volume of 156,964. The company’s 50-day simple moving average is C$73.22 and its 200-day simple moving average is C$71.70. The company has a debt-to-equity ratio of 84.39, a quick ratio of 1.26 and a current ratio of 1.26. The firm has a market capitalization of $7.50 billion and a P/E ratio of 26.54. WSP Global has a 1 year low of C$56.09 and a 1 year high of C$75.66.
About WSP Global
WSP Global Inc operates as a professional services consulting firm in the United States, Canada, the United Kingdom, Sweden, Australia, Asia, New Zealand, and internationally. The company advises, plans, designs, and manages projects for rail transit, aviation, highway, bridges, tunnels, water, maritime, and urban infrastructure for public and private clients, construction contractors, and partners.
Recommended Story: Market Timing
Receive News & Ratings for WSP Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WSP Global and related companies with MarketBeat.com's FREE daily email newsletter.