WSP Global Inc. (TSE:WSP) – Equities researchers at Desjardins decreased their Q4 2017 earnings per share estimates for WSP Global in a report released on Thursday. Desjardins analyst B. Poirier now anticipates that the company will earn $0.78 per share for the quarter, down from their prior forecast of $0.79. Desjardins also issued estimates for WSP Global’s FY2019 earnings at $3.54 EPS.
Other analysts have also issued reports about the company. Canaccord Genuity lowered WSP Global from a “buy” rating to a “hold” rating in a research report on Monday, July 17th. Royal Bank Of Canada reiterated an “outperform” rating and set a C$64.00 price objective on shares of WSP Global in a report on Monday, October 23rd. Raymond James Financial, Inc. boosted their target price on WSP Global from C$60.00 to C$66.00 and gave the company an “outperform” rating in a research note on Thursday. Scotiabank boosted their price target on WSP Global from C$57.00 to C$58.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 15th. Finally, National Bank Financial upped their price objective on WSP Global from C$52.00 to C$56.00 and gave the stock a “sector perform” rating in a research report on Thursday. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. WSP Global presently has a consensus rating of “Buy” and an average price target of C$59.13.
Shares of WSP Global (TSE WSP) opened at C$58.83 on Monday. WSP Global has a 1-year low of C$43.56 and a 1-year high of C$59.57.
In related news, Director Suzanne Rancourt acquired 1,000 shares of the firm’s stock in a transaction dated Thursday, August 17th. The shares were purchased at an average cost of C$50.00 per share, for a total transaction of C$50,000.00. Also, Director Louis-Philippe Carrière acquired 600 shares of the firm’s stock in a transaction dated Friday, August 18th. The stock was bought at an average price of C$50.18 per share, for a total transaction of C$30,108.00.
WSP Global Company Profile
Wsp Global Inc is a Canada-based professional services company. The Company’s segments are Canada, Americas, 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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