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

Shares of WSP Global Inc. (TSE:WSP) have been assigned a consensus rating of “Buy” from the eleven analysts that are presently covering the stock, Marketbeat Ratings reports. Nine analysts have rated the stock with a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is C$330.42.

WSP has been the subject of several analyst reports. Royal Bank Of Canada lowered their price objective on WSP Global from C$318.00 to C$316.00 in a research note on Friday, November 7th. Raymond James Financial increased their price target on WSP Global from C$310.00 to C$340.00 in a report on Sunday. National Bankshares lifted their price objective on shares of WSP Global from C$301.00 to C$304.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 23rd. BMO Capital Markets boosted their price objective on shares of WSP Global from C$330.00 to C$335.00 in a research report on Thursday, November 6th. Finally, TD Securities raised their target price on shares of WSP Global from C$330.00 to C$335.00 and gave the stock a “buy” rating in a report on Tuesday, December 23rd.

WSP Global Stock Performance

WSP Global stock opened at C$250.08 on Monday. The company’s 50-day moving average price is C$250.87 and its 200-day moving average price is C$270.01. The company has a quick ratio of 1.04, a current ratio of 1.26 and a debt-to-equity ratio of 80.45. The company has a market cap of C$33.71 billion, a PE ratio of 37.44, a price-to-earnings-growth ratio of 1.09 and a beta of 0.51. WSP Global has a twelve month low of C$217.42 and a twelve month high of C$291.46.

WSP Global (TSE:WSP) last announced its quarterly earnings results on Wednesday, November 5th. The company reported C$2.82 EPS for the quarter. WSP Global had a net margin of 4.24% and a return on equity of 9.84%. The firm had revenue of C$4.53 billion during the quarter. On average, equities research analysts forecast that WSP Global will post 9.5687404 EPS for the current fiscal year.

About WSP Global

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).