Q4 2019 Earnings Estimate for WSP Global Inc (TSE:WSP) Issued By Desjardins
WSP Global Inc (TSE:WSP) – Desjardins raised their Q4 2019 EPS estimates for shares of WSP Global in a research report issued on Thursday, November 7th. Desjardins analyst B. Poirier now forecasts that the company will post earnings of $0.94 per share for the quarter, up from their previous estimate of $0.92.
Several other equities analysts also recently commented on the company. Royal Bank of Canada upped their price objective on WSP Global from C$87.00 to C$88.00 and gave the company an “outperform” rating in a research note on Friday, August 9th. Canaccord Genuity upped their price objective on WSP Global from C$77.00 to C$88.00 in a research note on Thursday, November 7th. BMO Capital Markets upped their price objective on WSP Global from C$76.00 to C$81.00 in a research note on Thursday, November 7th. Raymond James reiterated an “outperform” rating and issued a C$90.00 price objective on shares of WSP Global in a research note on Wednesday, November 6th. Finally, TD Securities upped their price objective on WSP Global from C$86.00 to C$97.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of C$88.72.
In related news, Director Pierre Shoiry sold 307,184 shares of the company’s stock in a transaction that occurred on Friday, September 20th. The stock was sold at an average price of C$78.00, for a total value of C$23,960,352.00. Following the transaction, the director now owns 632,275 shares in the company, valued at C$49,317,450.
WSP Global Company Profile
WSP Global Inc operates as a professional services consulting firm in the United States, Canada, the United Kingdom, Sweden, Australia, Asia, New Zealand, and internationally. The company advises, plans, designs, and manages projects for rail transit, aviation, highway, bridges, tunnels, water, maritime, and urban infrastructure for public and private clients, construction contractors, and partners.
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