WSP Global (OTCMKTS:WSPOF) Shares Gap Up – Still a Buy?

WSP Global Inc. (OTCMKTS:WSPOF)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $133.11, but opened at $153.99. WSP Global shares last traded at $128.6975, with a volume of 62 shares.

Analysts Set New Price Targets

WSPOF has been the subject of several recent research reports. Royal Bank Of Canada reiterated an “outperform” rating on shares of WSP Global in a report on Monday, August 10th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of WSP Global in a research note on Wednesday, July 8th. Scotiabank reiterated an “outperform” rating on shares of WSP Global in a research note on Monday, August 10th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of WSP Global in a report on Thursday, August 6th. Five research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy”.

WSP Global Stock Up 0.6%

The firm has a fifty day simple moving average of $130.26 and a 200-day simple moving average of $143.65. The company has a market capitalization of $17.52 billion and a PE ratio of 35.22. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.20 and a current ratio of 1.20.

WSP Global Company Profile

WSP Global Inc is a Canada-based professional services and consulting company that provides engineering, design, environmental, and strategic advisory services. Its work supports the planning, design, and delivery of complex projects for public- and private-sector clients.

The company serves clients across transportation and infrastructure, property and buildings, environmental consulting, energy, resources, and industrial markets. Its services include project and program management, engineering design, urban planning, environmental assessment, climate and sustainability consulting, and technical advisory work.

WSP operates through a global network serving clients in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region.