WSP Global (WSP), the Materials sector company, was revisited by a Wall Street analyst yesterday. Analyst Jacob Bout from CIBC rated WSP Global (WSP) a Hold, setting a C$70 price target.
According to TipRanks.com, Bout is ranked #2391 out of 5107 analysts.
Currently, the analyst consensus on WSP Global is a Hold with an average price target of C$73.17.
Based on WSP Global’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of C$87.7 million. In comparison, last year the company had a net profit of C$72.6 million.
WSP Global, Inc. is a professional services company which provides solutions to governments, businesses, architects and planners. It deploys a range of workforce ranging from engineers, technicians, scientists, planners, surveyors, environmental specialists, as well as other design, program, and construction management professionals.
The company’s shares closed on Tuesday at C$59.38, close to its 52-week low of C$56.38.
