What’s Ahead for WSP Global Inc After Today’s Huge Decline?

 What's Ahead for WSP Global Inc After Today's Huge Decline?

The stock of WSP Global Inc (TSE:WSP) is a huge mover today! About 48,097 shares traded hands. WSP Global Inc (TSE:WSP) has risen 23.22% since April 11, 2016 and is uptrending. It has outperformed by 19.30% the S&P500.
The move comes after 8 months negative chart setup for the $4.77B company. It was reported on Nov, 15 by Barchart.com. We have $44.63 PT which if reached, will make TSE:WSP worth $238.50 million less.

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 $47.96 average target is 2.09% above today’s ($46.98) stock price. WSP Global Inc has been the topic of 29 analyst reports since August 6, 2015 according to StockzIntelligence Inc. On Monday, May 2 the stock rating was maintained by National Bank Canada with “Outperform”. As per Thursday, August 6, the company rating was maintained by TD Securities. The firm earned “Buy” rating on Wednesday, September 21 by TD Securities. The stock of WSP Global Inc (TSE:WSP) has “Outperform” rating given on Thursday, November 26 by National Bank Canada. As per Friday, October 30, the company rating was maintained by Scotia Capital. The stock of WSP Global Inc (TSE:WSP) has “Outperform” rating given on Monday, September 19 by RBC Capital Markets. The firm earned “Sector Perform” rating on Wednesday, May 11 by IBC. The rating was maintained by Scotia Capital on Wednesday, November 9 with “Outperform”. The company was initiated on Thursday, September 17 by Desjardins Securities.

More news for WSP Global Inc (TSE:WSP) were recently published by: Reuters.com, which released: “BRIEF-WSP Global Inc reports Q3 2016 financial results” on November 08, 2016. Theglobeandmail.com‘s article titled: “The Globe and Mail” and published on January 02, 2014 is yet another important article.

WSP Global Inc. is a professional services company. The company has a market cap of $4.77 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 29.87 P/E ratio. It offers services in project delivery and consulting.

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