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

Shares of WSP Global Inc. (TSE:WSP) have earned a consensus recommendation of “Buy” from the eleven analysts that are presently covering the company, Marketbeat Ratings reports. Nine research analysts have rated the stock with a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is C$330.83.

WSP has been the topic of a number of research analyst reports. Raymond James Financial boosted their price target on WSP Global from C$310.00 to C$340.00 in a research note on Sunday, January 4th. National Bankshares lifted their price objective on shares of WSP Global from C$301.00 to C$304.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 23rd. Scotiabank upped their target price on WSP Global from C$318.00 to C$320.00 and gave the company an “outperform” rating in a research report on Thursday, January 22nd. CIBC reduced their target price on WSP Global from C$349.00 to C$342.00 in a research note on Friday, November 7th. Finally, BMO Capital Markets increased 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 2.2%

TSE WSP opened at C$263.81 on Friday. The stock has a market cap of C$35.56 billion, a PE ratio of 39.49, a PEG ratio of 1.09 and a beta of 0.51. WSP Global has a 12 month low of C$217.42 and a 12 month high of C$291.46. The company’s 50-day moving average price is C$252.82 and its 200-day moving average price is C$268.64. The company has a current ratio of 1.26, a quick ratio of 1.04 and a debt-to-equity ratio of 80.45.

WSP Global (TSE:WSP) last released its quarterly earnings data on Wednesday, November 5th. The company reported C$2.82 earnings per share for the quarter. WSP Global had a net margin of 4.24% and a return on equity of 9.84%. The company had revenue of C$4.53 billion during the quarter. Equities research analysts forecast that WSP Global will post 9.5687404 earnings per share for the current 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).