Ratings Change: WSP Global Inc (TSE:WSP) Loses a Vote of Confidence From National Bank Financial. What to Expect?

November 28, 2016 - By olga

WSP Global Inc (TSE:WSP) Downgrade

WSP Global Inc (TSE:WSP)‘s “Outperform” rating is no longer valid. research professionals at National Bank Financial downgraded WSP Global Inc (TSE:WSP)‘s rating to a “Sector Perform”.

WSP Global Inc (TSE:WSP) Ratings Coverage

Out of 7 analysts covering WSP Global Inc (TSE:WSP), 6 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 86% are positive. $55 is the highest target while $40 is the lowest. The $48.13 average target is 2.40% above today’s ($47) stock price. WSP Global Inc has been the topic of 30 analyst reports since August 6, 2015 according to StockzIntelligence Inc. On Thursday, September 17 the stock rating was initiated by Desjardins Securities with “Buy”. Scotia Capital maintained WSP Global Inc (TSE:WSP) on Wednesday, November 9 with “Outperform” rating. The stock of WSP Global Inc (TSE:WSP) earned “Sector Outperform” rating by Scotia Capital on Friday, October 30. The rating was downgraded by IBC on Wednesday, May 11 to “Sector Perform”. On Thursday, November 26 the stock rating was maintained by National Bank Canada with “Outperform”. The firm has “Buy” rating by TD Securities given on Thursday, August 6. The rating was maintained by RBC Capital Markets on Monday, September 19 with “Outperform”. The company was maintained on Monday, May 2 by National Bank Canada. TD Securities maintained the shares of WSP in a report on Wednesday, September 21 with “Buy” rating.

About 617,029 shares traded hands or 215.96% up from the average. WSP Global Inc (TSE:WSP) has risen 17.51% since April 22, 2016 and is uptrending. It has outperformed by 11.49% the S&P500.

WSP Global Inc. is a professional services company. The company has a market cap of $4.68 billion. The Company’s divisions are Canada, Americas , EMEIA (Europe, Middle East, India and Africa) and APAC (Asia Pacific, including primarily Asia and Australia). It has a 29.88 P/E ratio. It offers services in project delivery and consulting.

Another recent and important WSP Global Inc (TSE:WSP) news was published by Theglobeandmail.com which published an article titled: “The Globe and Mail” on January 02, 2014.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.


Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:

Recent Market News