Desjardins Weighs in on WSP Global Inc.’s Q4 2017 Earnings (WSP)
WSP Global Inc. (TSE:WSP) – Stock analysts at Desjardins lowered their Q4 2017 EPS estimates for shares of WSP Global in a report issued on Thursday. Desjardins analyst B. Poirier now forecasts that the company will post earnings per share of $0.78 for the quarter, down from their prior estimate of $0.79. Desjardins also issued estimates for WSP Global’s FY2019 earnings at $3.54 EPS.
Other equities research analysts have also recently issued reports about the company. Scotiabank upped their price objective on WSP Global from C$58.00 to C$62.00 and gave the stock an “outperform” rating in a research note on Thursday, November 9th. TD Securities increased their price target on WSP Global from C$59.00 to C$67.00 and gave the company a “buy” rating in a research note on Thursday, November 9th. Canaccord Genuity increased their price target on WSP Global from C$54.00 to C$58.00 in a research note on Monday. National Bank Financial increased their price target on WSP Global from C$52.00 to C$56.00 and gave the company a “sector perform” rating in a research note on Thursday, November 9th. Finally, Raymond James Financial, Inc. increased their price target on WSP Global from C$58.00 to C$60.00 and gave the company an “outperform” rating in a research note on Wednesday, August 16th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. WSP Global currently has a consensus rating of “Buy” and an average target price of C$60.13.
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Shares of WSP Global (TSE:WSP) opened at C$58.86 on Monday. WSP Global has a 12 month low of C$43.56 and a 12 month high of C$59.57.
In other news, Director Suzanne Rancourt acquired 1,000 shares of WSP Global stock in a transaction dated Thursday, August 17th. The stock was purchased at an average cost of C$50.00 per share, for a total transaction of C$50,000.00. Also, Director Louis-Philippe Carrière acquired 600 shares of WSP Global stock in a transaction dated Friday, August 18th. The stock was purchased at an average price of C$50.18 per share, with a total value of C$30,108.00.
About WSP Global
Wsp Global Inc is a Canada-based professional services company. The Company’s segments are Canada, Americas, 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.
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