What Will Happen to WSP Global Inc Next? The Stock Just Declined A Lot

 What Will Happen to WSP Global Inc Next? The Stock Just Declined A Lot

The stock of WSP Global Inc (TSE:WSP) is a huge mover today! About 56,525 shares traded hands. WSP Global Inc (TSE:WSP) has risen 16.24% since March 24, 2016 and is uptrending. It has outperformed by 12.77% the S&P500.
The move comes after 9 months negative chart setup for the $4.37 billion company. It was reported on Oct, 31 by Barchart.com. We have $39.88 PT which if reached, will make TSE:WSP worth $349.60 million less.

WSP Global Inc (TSE:WSP) Ratings Coverage

Out of 8 analysts covering WSP Global Inc (TSE:WSP), 7 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 88% are positive. WSP Global Inc has been the topic of 25 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The stock has “Outperform” rating given by RBC Capital Markets on Monday, September 19. The firm earned “Outperform” rating on Monday, May 2 by National Bank Canada. The rating was downgraded by IBC on Wednesday, May 11 to “Sector Perform”. The stock has “Buy” rating given by TD Securities on Wednesday, September 21. As per Thursday, August 6, the company rating was maintained by TD Securities. The stock of WSP Global Inc (TSE:WSP) has “Buy” rating given on Thursday, September 17 by Desjardins Securities. The stock of WSP Global Inc (TSE:WSP) has “Sector Outperform” rating given on Friday, October 30 by Scotia Capital. The firm earned “Outperform” rating on Thursday, November 26 by National Bank Canada.

More news for WSP Global Inc (TSE:WSP) were recently published by: Theglobeandmail.com, which released: “The Globe and Mail” on January 02, 2014. Business.Financialpost.com‘s article titled: “WSP Global Inc climbs to the top of the engineering space: ‘The name to own'” and published on August 05, 2015 is yet another important article.

WSP Global Inc. is a professional services company. The company has a market cap of $4.37 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 28.95 P/E ratio. It offers services in project delivery and consulting.

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