National Bank Financial Downgrades WSP Global Inc (WSP) to Sector Perform
WSP Global Inc (TSE:WSP) was downgraded by National Bank Financial from an “outperform” rating to a “sector perform” rating in a research report issued on Monday.
Other research analysts also recently issued reports about the stock. Scotiabank reiterated an “outperform” rating and set a C$46.00 price target on shares of WSP Global in a report on Thursday, August 4th. TD Securities reiterated a “buy” rating and set a C$49.00 price target on shares of WSP Global in a report on Thursday, August 4th. Canaccord Genuity upped their price target on shares of WSP Global from C$44.00 to C$45.00 and gave the stock a “buy” rating in a report on Thursday, August 4th. CIBC upped their price target on shares of WSP Global from C$44.00 to C$46.00 in a report on Friday, November 18th. Finally, BMO Capital Markets upped their price target on shares of WSP Global from C$41.50 to C$43.00 and gave the stock a “market perform” rating in a report on Wednesday, September 21st. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. WSP Global has a consensus rating of “Buy” and a consensus target price of C$46.41.
WSP Global (TSE:WSP) opened at 46.54 on Monday. The firm’s 50-day moving average price is $44.04 and its 200 day moving average price is $42.10. The company has a market capitalization of $4.72 billion and a price-to-earnings ratio of 29.53. WSP Global has a 12-month low of $35.11 and a 12-month high of $48.50.
WSP Global Company Profile
WSP Global Inc is a professional services company. The Company’s segments are Canada, Americas (US and South America), EMEIA (Europe, Middle East, India and Africa) and APAC (Asia Pacific, including primarily Asia and Australia). It offers services in project delivery and consulting. It offers various project services throughout the project execution phases.
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