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

WSP Global Inc. (TSE:WSP) has been given a consensus rating of “Buy” by the ten brokerages that are covering the stock, Marketbeat.com reports. Nine analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is C$330.83.

A number of research analysts recently issued reports on the company. BMO Capital Markets lifted their target price on WSP Global from C$335.00 to C$338.00 in a report on Monday, January 5th. TD Securities lifted their price objective on WSP Global from C$330.00 to C$335.00 and gave the company a “buy” rating in a research note on Tuesday, December 23rd. National Bank Financial boosted their price objective on WSP Global from C$301.00 to C$304.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 23rd. Canadian Imperial Bank of Commerce reduced their target price on shares of WSP Global from C$349.00 to C$342.00 in a report on Friday, November 7th. Finally, Royal Bank Of Canada decreased their price target on shares of WSP Global from C$318.00 to C$316.00 in a research note on Friday, November 7th.

WSP Global Price Performance

WSP Global stock opened at C$216.20 on Tuesday. The company has a quick ratio of 1.04, a current ratio of 1.26 and a debt-to-equity ratio of 80.45. WSP Global has a 52-week low of C$213.18 and a 52-week high of C$291.46. The firm has a market cap of C$29.15 billion, a PE ratio of 32.37, a price-to-earnings-growth ratio of 1.09 and a beta of 0.47. The company’s 50 day moving average is C$253.76 and its two-hundred day 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).