Raymond James Believes WSP Global (WSP) Still Has Room to Grow


Shares of WSP Global (WSP) were revisited by a Wall Street analyst today. The company received a Buy rating from Raymond James’ analyst Frederic Bastien, with a C$86 price target.

Bastien has an average return of 16.5% when recommending WSP Global.

According to TipRanks.com, Bastien is ranked #3584 out of 5247 analysts.

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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for WSP Global with a C$81.80 average price target, a 10.4% upside from current levels. In a report released today, RBC Capital also maintained a Buy rating on the stock with a C$88 price target.

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WSP Global’s market cap is currently C$7.73B and has a P/E ratio of 28.7. The company has a Price to Book ratio of 2.38.

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$74.07, close to its 52-week high of C$75.66.

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