FY2016 Earnings Forecast for WSP Global Inc (WSP) Issued By National Bank Financial
WSP Global Inc (TSE:WSP) – Equities research analysts at National Bank Financial reduced their FY2016 earnings per share (EPS) estimates for WSP Global in a report issued on Sunday. National Bank Financial analyst M. Sytchev now forecasts that the firm will post earnings per share of $2.10 for the year, down from their previous forecast of $2.24. National Bank Financial currently has a “Sector Perform” rating on the stock.
Several other analysts have also issued reports on the stock. CIBC upped their target price on shares of WSP Global from C$44.00 to C$46.00 in a research note on Friday, November 18th. TD Securities boosted their price target on shares of WSP Global from C$49.00 to C$50.00 and gave the stock a “buy” rating in a report on Wednesday, November 9th. Scotiabank reissued an “outperform” rating and issued a C$48.00 price target on shares of WSP Global in a report on Wednesday, November 9th. Royal Bank Of Canada boosted their price target on shares of WSP Global from C$45.00 to C$47.00 and gave the stock an “old rating” rating in a report on Wednesday, November 9th. Finally, BMO Capital Markets boosted 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. The company currently has an average rating of “Buy” and a consensus price target of C$46.41.
Shares of WSP Global (TSE:WSP) opened at 47.63 on Tuesday. WSP Global has a 52 week low of $35.11 and a 52 week high of $48.50. The firm has a market cap of $4.83 billion and a PE ratio of 30.22. The firm has a 50-day moving average of $44.04 and a 200-day moving average of $42.10.
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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