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WSP Global (WSP) Receives a Hold from Canaccord Genuity


Yesterday, an analyst has provided a rating update for WSP Global (WSP). Canaccord Genuity’s analyst Yuri Lynk reiterates their Hold rating on the shares, with a C$70 price target.

According to TipRanks.com, Lynk is a 4-star analyst with an average return of 7.9% and a 54.2% success rate. Lynk covers the Basic Materials sector, focusing on stocks such as Badger Daylighting Ltd, Stantec Inc, and Fluor Corp.

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Currently, the analyst consensus on WSP Global is a Moderate Buy with an average price target of C$74.75, which is an 11.4% upside from current levels. In a report released yesterday, Scotiabank also reiterated a Hold rating on the stock with a C$75 price target.

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WSP Global’s market cap is currently C$6.97B and has a P/E ratio of 31.5. The company has a Price to Book ratio of 2.24.

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 Thursday at C$67.10.