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

Shares of WSP Global Inc (TSE:WSP) have earned an average rating of “Buy” from the ten analysts that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold rating and six have issued a buy rating on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is C$79.81.

Several analysts have recently commented on WSP shares. TD Securities increased their target price on shares of WSP Global from C$81.00 to C$84.00 and gave the company a “buy” rating in a report on Wednesday, May 15th. Raymond James started coverage on shares of Planet Fitness in a report on Wednesday, June 26th. They issued an “outperform” rating and a $80.00 target price for the company. AltaCorp Capital upgraded shares of WSP Global from a “sector perform” rating to an “outperform” rating in a report on Tuesday, May 14th. Finally, National Bank Financial upgraded shares of WSP Global from a “sector perform” rating to an “outperform” rating and increased their target price for the company from C$75.00 to C$79.00 in a report on Wednesday, May 15th.

WSP opened at C$74.42 on Friday. The company has a debt-to-equity ratio of 83.05, a quick ratio of 1.24 and a current ratio of 1.24. The business’s fifty day simple moving average is C$71.91. WSP Global has a 1-year low of C$56.09 and a 1-year high of C$74.89. The firm has a market capitalization of $7.80 billion and a P/E ratio of 29.67.

WSP Global (TSE:WSP) last released its quarterly earnings data on Tuesday, May 14th. The company reported C$0.67 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.65 by C$0.02. The business had revenue of C$1.66 billion for the quarter, compared to analyst estimates of C$1.69 billion. On average, analysts forecast that WSP Global will post 4.1599999 earnings per share for the current year.

About WSP Global

WSP Global Inc operates as a professional services consulting firm in the United States, Canada, the United Kingdom, Sweden, Australia, Asia, New Zealand, and internationally. The company advises, plans, designs, and manages projects for rail transit, aviation, highway, bridges, tunnels, water, maritime, and urban infrastructure for public and private clients, construction contractors, and partners.

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Analyst Recommendations for WSP Global (TSE:WSP)

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