Trade Report: Today: WSP Global Inc (WSP) gets “Sector Perform” status at National Bank Financial

Today: WSP Global Inc (WSP) gets “Sector Perform” status at National Bank Financial

WSP Global Inc (TSE:WSP) was downgraded by analysts at National Bank Financial from an “outperform” rating to a “sector perform” rating in a research report issued on Monday, StockTargetPrices.com reports.

Several other analysts also recently weighed in on the stock. Royal Bank Of Canada reiterated an “outperform” rating and issued a C$45.00 target price on shares of WSP Global in a report on Monday, September 19th. TD Securities reiterated a “buy” rating and issued a C$49.00 target price on shares of WSP Global in a report on Wednesday, September 21st. Scotiabank lifted their target price on shares of WSP Global from C$46.00 to C$48.00 and gave the company an “outperform” rating in a report on Monday, October 31st. CIBC lifted their target price on shares of WSP Global from C$42.00 to C$44.00 in a report on Wednesday, November 9th. Finally, BMO Capital Markets lifted their target price on shares of WSP Global from C$41.50 to C$43.00 and gave the company a “market perform” rating in a report on Wednesday, September 21st. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s 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) traded down 1.55% during mid-day trading on Monday, hitting $47.05. The stock had a trading volume of 485,171 shares. The stock’s 50-day moving average is $43.89 and its 200 day moving average is $42.05. WSP Global has a 12 month low of $35.11 and a 12 month high of $48.50. The firm has a market cap of $4.77 billion and a PE ratio of 29.85.

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