WSP Global Inc. (TSE:WSP) Given Average Rating of “Buy” by Analysts

Shares of WSP Global Inc. (TSE:WSP) have been assigned a consensus rating of “Buy” from the ten ratings firms that are covering the firm, MarketBeat reports. Eight equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating on the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is C$318.42.

WSP has been the topic of several analyst reports. Atb Cap Markets upgraded WSP Global from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 6th. Desjardins set a C$306.00 price target on WSP Global and gave the stock a “buy” rating in a research report on Tuesday, December 2nd. National Bankshares lifted their price target on WSP Global from C$297.00 to C$299.00 and gave the stock an “outperform” rating in a research note on Friday, November 7th. ATB Capital raised WSP Global from a “sector perform” rating to an “outperform” rating and set a C$305.00 price objective for the company in a research note on Friday, November 7th. Finally, TD Securities lifted their target price on shares of WSP Global from C$328.00 to C$330.00 and gave the stock a “buy” rating in a research note on Monday, October 27th.

WSP Global Trading Up 0.7%

Shares of WSP opened at C$241.40 on Thursday. WSP Global has a fifty-two week low of C$217.42 and a fifty-two week high of C$291.46. The firm has a market cap of C$31.53 billion, a price-to-earnings ratio of 36.14, a PEG ratio of 1.09 and a beta of 0.53. The firm has a 50 day moving average price of C$261.80 and a 200-day moving average price of C$273.55. The company has a debt-to-equity ratio of 80.45, a quick ratio of 1.04 and a current ratio of 1.26.

WSP Global (TSE:WSP) last released its earnings results on Wednesday, November 5th. The company reported C$2.82 EPS for the quarter. The company had revenue of C$4.53 billion for the quarter. WSP Global had a net margin of 4.24% and a return on equity of 9.84%. As a group, equities research analysts forecast that WSP Global will post 9.5687404 earnings per share for the current 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).