WSP Global (WSP) Sets New 1-Year Low at $61.18
WSP Global Inc (TSE:WSP)’s share price reached a new 52-week low during trading on Friday . The company traded as low as C$61.18 and last traded at C$61.21, with a volume of 47567 shares traded. The stock had previously closed at C$62.16.
A number of research firms have recently commented on WSP. BMO Capital Markets raised their price objective on shares of WSP Global from C$70.00 to C$73.00 in a report on Thursday, August 9th. Royal Bank of Canada raised their price objective on shares of WSP Global from C$71.00 to C$83.00 and gave the stock an “outperform” rating in a report on Thursday, August 9th. Canaccord Genuity raised their price objective on shares of WSP Global from C$68.00 to C$70.00 in a report on Friday, November 9th. Desjardins raised their price objective on shares of WSP Global from C$74.00 to C$76.00 in a report on Thursday, August 9th. Finally, TD Securities raised their price objective on shares of WSP Global from C$81.00 to C$82.00 in a report on Thursday, August 9th. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. WSP Global currently has an average rating of “Buy” and a consensus target price of C$74.44.
The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 34.68.
In related news, insider David Langlois sold 3,000 shares of the stock in a transaction dated Monday, September 24th. The shares were sold at an average price of C$71.55, for a total transaction of C$214,650.00.
WSP Global Company Profile (TSE:WSP)
WSP Global Inc operates as a professional services company in the United States, Canada, the United Kingdom, Sweden, and internationally. The company's Property & Buildings segment provides technical and management consultancy services, such as structural and mechanical, electrical, and plumbing engineering; and a range of specialist services, including fire engineering, lighting design, vertical transportation, acoustics, intelligent building systems, audiovisual systems, information technology, facade engineering, and green building design.
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