In a latest note to investors, a research analyst has provided a rating update for the WSP Global (WSP). Analyst Derek Spronck from RBC Capital remains bullish on the stock and has a C$82 price target.
According to TipRanks.com, Spronck is a 4-star analyst with an average return of 10.1% and a 66.7% success rate. Spronck covers the Basic Materials sector, focusing on stocks such as Waste Connections Inc, SNC-Lavalin Group Inc, and Stantec Inc.
WSP Global has an analyst consensus of Moderate Buy, with a price target consensus of C$76.80, which is a 6.7% upside from current levels. In a report released yesterday, CIBC also reiterated a Buy rating on the stock with a C$81 price target.
The company has a one-year high of C$75.42 and a one-year low of C$56.09. Currently, WSP Global has an average volume of 159.6K.
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 Friday at C$71.99.