WSP Global (WSP) has received a rating update from a Wall Street analyst today. National Bank’s analyst Maxim Sytchev reiterates their Buy rating on the shares, with a C$84 price target.
Sytchev has an average return of 2.8% when recommending WSP Global.
According to TipRanks.com, Sytchev is ranked #4617 out of 5555 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for WSP Global with a C$83.17 average price target, which is a 10.1% upside from current levels. In a report issued on September 5, Raymond James also maintained a Buy rating on the stock with a C$86 price target.
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Based on WSP Global’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of C$88.7 million. In comparison, last year the company had a net profit of C$67.4 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 last Tuesday at C$76.64.
