WSP Global Inc (TSE:WSP) has been downgraded from Outperform to Sector Perform in a report by National Bank Financial today.
- Updated: November 28, 2016
National Bank Financial has downgraded WSP Global Inc (TSE:WSP) from Outperform to Sector Perform in a report released on 11/28/2016.
Previously on 11/18/2016, CIBC World Markets released a statement about WSP Global Inc (TSE:WSP) increased the target price from $44.00 to $46.00. At the time, this indicated a possible downside of -0.04%.
Just yesterday WSP Global Inc (TSE:WSP) traded -1.46% lower at $47.09. WSP Global Inc’s 50-day moving average is $43.89 and its 200-day moving average is $42.05. The last stock price is up 11.99% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 354,100 shares of WSP traded hands, up from an average trading volume of 172,130
Recent Performance Chart
WSP Global Inc has 52 week low of $35.11 and a 52 week high of $48.50 with a PE ratio of 29.88 and has a market capitalization of $0.
In addition to National Bank Financial reporting its stock price target, a total of 12 brokerages have issued a ratings update on the company. The average stock price target is $35.43 with 1 brokerage rating the stock a strong buy, 8 brokerages rating the stock a buy, 3 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On WSP Global Inc (TSE:WSP)
WSP Global Inc. is a professional services company. The Company's segments are Canada, Americas (US and South America), EMEIA (Europe, Middle East, India and Africa) and APAC (Asia Pacific, including primarily Asia and Australia). It offers services in project delivery and consulting. It offers various project services throughout the project execution phases. It operates in sectors, such as property and buildings, including services, such as disciplines of structural and mechanical, electrical and plumbing engineering; transportation and infrastructure, which includes planning, analyzing, designing and managing projects for rail, transit, aviation, bridges, tunnels, highways, ports, roads and urban infrastructure; environment, including services covering air, land, water and health on environmental matters, such as risk management and permitting authorizations; industry, including consulting and engineering services; resources (including mining and oil and gas), and power and energy.
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