The Analysts give average Rating of “Buy” to WSP Global Inc (TSE:WSP)

The Analysts give average Rating of “Buy” to WSP Global Inc (TSE:WSP)

Shares of WSP Global Inc (TSE:WSP) have earned a consensus rating of “Buy” from the eleven analysts that are covering the firm. Two investment analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is C$45.45.

A number of research analysts have recently issued reports on the company. Scotiabank set a C$46.00 price target on WSP Global and gave the company an “outperform” rating in a report on Tuesday. TD Securities reissued a “buy” rating and issued a C$49.00 price objective on shares of WSP Global in a research report on Wednesday, September 21st. BMO Capital Markets raised their price objective on WSP Global from C$41.50 to C$43.00 and gave the stock a “market perform” rating in a research report on Wednesday, September 21st. Royal Bank Of Canada reissued an “outperform” rating and issued a C$45.00 price objective on shares of WSP Global in a research report on Monday, September 19th. Finally, Canaccord Genuity raised their price objective on WSP Global from C$44.00 to C$45.00 and gave the stock a “buy” rating in a research report on Thursday, August 4th.

WSP Global (TSE:WSP) traded up 0.39% during mid-day trading on Wednesday, reaching $40.98. The company had a trading volume of 43,773 shares. The firm has a market capitalization of $4.13 billion and a PE ratio of 27.61. The stock’s 50-day moving average price is $42.61 and its 200 day moving average price is $40.94. WSP Global has a 52 week low of $35.11 and a 52 week high of $49.18.

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