WSP Global Inc. (WSP.TO) – What Are Analysts Thinking About This Stock?

Shares of WSP Global Inc. (TSE:WSP) have earned a consensus rating of “Buy” from the thirteen research firms that are covering the stock, Marketbeat.com reports. Twelve research analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is C$289.62.

WSP has been the topic of several research analyst reports. National Bank Financial dropped their price objective on WSP Global from C$219.00 to C$216.00 and set an “outperform” rating on the stock in a research note on Wednesday, September 30th. Desjardins dropped their price objective on shares of WSP Global from C$372.00 to C$369.00 and set a “buy” rating on the stock in a research report on Friday, August 7th. Scotia cut their target price on shares of WSP Global from C$281.00 to C$279.00 and set a “sector outperform” rating for the company in a research note on Monday, August 10th. Canadian Imperial Bank of Commerce reduced their target price on shares of WSP Global from C$318.00 to C$266.00 and set an “outperformer” rating for the company in a report on Wednesday, July 8th. Finally, Scotiabank decreased their price target on shares of WSP Global from C$286.00 to C$281.00 and set a “sector outperform” rating on the stock in a research note on Friday, July 10th.

WSP Global Trading Down 0.5%

Shares of WSP Global stock opened at C$186.52 on Friday. The stock has a market cap of C$25.15 billion, a P/E ratio of 26.61, a P/E/G ratio of 1.09 and a beta of 0.40. The company has a quick ratio of 1.04, a current ratio of 1.20 and a debt-to-equity ratio of 84.47. WSP Global has a 12-month low of C$156.64 and a 12-month high of C$275.24. The business’s 50 day moving average is C$178.59 and its 200-day moving average is C$202.64.

WSP Global (TSE:WSP) last posted its quarterly earnings results on Wednesday, August 5th. The company reported C$2.88 earnings per share (EPS) for the quarter. The firm had revenue of C$5.40 billion for the quarter. WSP Global had a net margin of 4.81% and a return on equity of 9.52%. Equities research analysts predict that WSP Global will post 9.57 earnings per share for the current fiscal year.

WSP Global Company Profile

WSP Global Inc provides engineering and design services to clients in the Transportation & Infrastructure, Property and Buildings, Environment, Power and Energy, Resources, and Industry sectors. It also offers strategic advisory services. The firm operates through four reportable segments namely, Canada, Americas ( US and Latin America), EMEIA (Europe, Middle East, India and Africa), and APAC (Asia Pacific, comprising Australia, New Zealand and Asia).