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

Shares of WSP Global Inc. (TSE:WSP) have received an average recommendation of “Buy” from the ten research firms that are currently covering the company, MarketBeat Ratings reports. Nine investment analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is C$330.83.

WSP has been the topic of a number of research analyst reports. TD Securities raised their price objective 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. Canadian Imperial Bank of Commerce cut their price target on shares of WSP Global from C$349.00 to C$342.00 in a research note on Friday, November 7th. Royal Bank Of Canada reduced their price target on shares of WSP Global from C$318.00 to C$316.00 in a research report on Friday, November 7th. Raymond James Financial upped their price objective on shares of WSP Global from C$310.00 to C$340.00 in a research note on Sunday, January 4th. Finally, BMO Capital Markets raised their price objective on WSP Global from C$335.00 to C$338.00 in a report on Monday, January 5th.

WSP Global Trading Down 5.8%

WSP opened at C$216.20 on Tuesday. 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 has a one year low of C$213.18 and a one year high of C$291.46. The company has a market cap of C$29.15 billion, a P/E ratio of 32.37, a PEG ratio of 1.09 and a beta of 0.47. The business’s 50-day simple moving average is C$253.76 and its 200-day simple moving average is C$263.71.

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).