WSP Global Inc to Post FY2016 Earnings of $2.10 Per Share, National Bank Financial Forecasts (WSP)
WSP Global Inc (TSE:WSP) – National Bank Financial reduced their FY2016 earnings estimates for shares of WSP Global in a research report issued to clients and investors 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.
A number of other research analysts have also issued reports on WSP. CIBC upped their price target on shares of WSP Global from C$42.00 to C$44.00 in a research note on Wednesday, November 9th. Canaccord Genuity upped their price target on shares of WSP Global from C$44.00 to C$45.00 and gave the company a “buy” rating in a research note on Thursday, August 4th. TD Securities upped their price target on shares of WSP Global from C$49.00 to C$50.00 and gave the company a “buy” rating in a research note on Wednesday, November 9th. BMO Capital Markets upped their price target 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 upped their price target 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 analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. WSP Global has an average rating of “Buy” and an average target price of C$46.41.
Shares of WSP Global (TSE:WSP) traded down 1.23% on Tuesday, hitting $46.50. 230,905 shares of the stock traded hands. The company has a market cap of $4.71 billion and a PE ratio of 29.51. The stock has a 50 day moving average of $44.04 and a 200 day moving average of $42.10. WSP Global has a one year low of $35.11 and a one year high of $48.50.
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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