WSP Global Inc. (WSP.TO) – What Are Brokerages Saying About This Stock?

Shares of WSP Global Inc. (TSE:WSP) have earned an average rating of “Buy” from the thirteen ratings firms that are covering the company, MarketBeat.com reports. Twelve investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is C$289.62.

WSP has been the topic of several research reports. ATB Cormark Capital Markets decreased their price target on shares of WSP Global from C$330.00 to C$325.00 and set an “outperform” rating on the stock in a research note on Friday, August 7th. Desjardins lowered their price target on shares of WSP Global from C$372.00 to C$369.00 and set a “buy” rating on the stock in a research report on Friday, August 7th. TD dropped their price objective on shares of WSP Global from C$307.00 to C$255.00 and set a “buy” rating for the company in a research note on Tuesday, July 28th. BMO Capital Markets cut their price objective on shares of WSP Global from C$280.00 to C$275.00 and set an “outperform” rating for the company in a report on Wednesday, September 30th. Finally, Stifel Nicolaus decreased their target price on shares of WSP Global from C$280.00 to C$230.00 and set a “buy” rating on the stock in a research report on Wednesday, September 30th.

WSP Global Stock Performance

Shares of WSP stock opened at C$181.45 on Friday. WSP Global has a 52 week low of C$156.64 and a 52 week high of C$275.24. The company has a 50-day simple moving average of C$178.82 and a 200 day simple moving average of C$200.75. The company has a debt-to-equity ratio of 79.06, a quick ratio of 1.04 and a current ratio of 1.10. The company has a market capitalization of C$24.46 billion, a price-to-earnings ratio of 25.88, a PEG ratio of 1.09 and a beta of 0.37.

WSP Global (TSE:WSP) last announced its earnings results on Wednesday, November 4th. The company reported C$3.20 earnings per share for the quarter. WSP Global had a return on equity of 9.55% and a net margin of 4.88%. The company had revenue of C$5.29 billion for the quarter. On average, sell-side analysts predict that WSP Global will post 9.57 earnings per share for the current year.

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).