Is Buying Stock Like WSP Global Inc After Such Increase Winning Strategy?

 Is Buying Stock Like WSP Global Inc After Such Increase Winning Strategy?

The stock of WSP Global Inc (TSE:WSP) is a huge mover today! About 52,902 shares traded hands. WSP Global Inc (TSE:WSP) has risen 6.57% since March 31, 2016 and is uptrending. It has outperformed by 5.48% the S&P500.
The move comes after 7 months positive chart setup for the $4.08 billion company. It was reported on Nov, 4 by Barchart.com. We have $55.97 PT which if reached, will make TSE:WSP worth $1.43B more.

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. $55 is the highest target while $40 is the lowest. The $47.88 average target is 15.48% above today’s ($41.46) stock price. WSP Global Inc has been the topic of 25 analyst reports since August 6, 2015 according to StockzIntelligence Inc. National Bank Canada maintained the shares of WSP in a report on Monday, May 2 with “Outperform” rating. The company was maintained on Thursday, November 26 by National Bank Canada. TD Securities maintained the stock with “Buy” rating in Wednesday, September 21 report. Scotia Capital maintained WSP Global Inc (TSE:WSP) rating on Friday, October 30. Scotia Capital has “Sector Outperform” rating and $52 price target. The firm earned “Sector Perform” rating on Wednesday, May 11 by IBC. TD Securities maintained it with “Buy” rating and $54 target price in Thursday, August 6 report. On Thursday, September 17 the stock rating was initiated by Desjardins Securities with “Buy”. The stock of WSP Global Inc (TSE:WSP) has “Outperform” rating given on Monday, September 19 by RBC Capital Markets.

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 $4.08 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 27.69 P/E ratio. It offers services in project delivery and consulting.

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