Trading Report: Today: WSP Global Inc (WSP) Rating Decreased to Sector Perform at National Bank Financial

Today: WSP Global Inc (WSP) Rating Decreased to Sector Perform at National Bank Financial

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

Other research analysts have also issued reports about the stock. CIBC increased their target price on shares of WSP Global from C$42.00 to C$44.00 in a research note on Wednesday, November 9th. Canaccord Genuity increased their target price on shares of WSP Global from C$44.00 to C$45.00 and gave the stock a “buy” rating in a research note on Thursday, August 4th. TD Securities increased their target price on shares of WSP Global from C$49.00 to C$50.00 and gave the stock a “buy” rating in a research note on Wednesday, November 9th. BMO Capital Markets raised their price objective on shares of WSP Global from C$41.50 to C$43.00 and gave the company a “market perform” rating in a research note on Wednesday, September 21st. Finally, Royal Bank Of Canada raised their price objective on shares of WSP Global from C$45.00 to C$47.00 and gave the company an “old rating” rating in a research note on Wednesday, November 9th. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of C$46.41.

Shares of WSP Global (TSE:WSP) traded down 1.53% during midday trading on Monday, reaching $47.06. 475,714 shares of the company’s stock traded hands. The firm has a market cap of $4.77 billion and a PE ratio of 29.86. WSP Global has a 52-week low of $35.11 and a 52-week high of $48.50. The company has a 50 day moving average of $43.89 and a 200 day moving average of $42.05.

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