WSP Global Inc. (TSE:WSP) Receives Consensus Rating of “Buy” from Brokerages

WSP Global Inc. (TSE:WSP) has earned an average rating of “Buy” from the ten analysts that are currently covering the stock, Marketbeat.com reports. Eight analysts have rated the stock with a buy rating and two have issued a strong buy rating on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is C$318.42.

Several research firms have weighed in on WSP. BMO Capital Markets raised their price target on WSP Global from C$330.00 to C$335.00 in a report on Thursday, November 6th. Royal Bank Of Canada lowered their target price on shares of WSP Global from C$318.00 to C$316.00 in a research note on Friday, November 7th. Scotiabank lifted their target price on shares of WSP Global from C$306.00 to C$308.00 in a research report on Friday, October 17th. Stifel Nicolaus increased their price target on shares of WSP Global from C$317.00 to C$350.00 and gave the stock a “buy” rating in a report on Monday, October 6th. Finally, Desjardins set a C$306.00 price objective on shares of WSP Global and gave the company a “buy” rating in a research report on Tuesday, December 2nd.

WSP Global Stock Up 0.7%

Shares of TSE:WSP opened at C$241.40 on Thursday. The firm has a fifty day moving average price of C$261.80 and a two-hundred day moving average price of C$273.55. The company 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 company has a debt-to-equity ratio of 80.45, a current ratio of 1.26 and a quick ratio of 1.04. WSP Global has a one year low of C$217.42 and a one year high of C$291.46.

WSP Global (TSE:WSP) last issued its quarterly earnings data on Wednesday, November 5th. The company reported C$2.82 earnings per share (EPS) for the quarter. The company had revenue of C$4.53 billion for the quarter. WSP Global had a return on equity of 9.84% and a net margin of 4.24%. Analysts anticipate 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).