Free Trial

WSP Global (WSP) Stock Forecast & Price Target

WSP Global logo
C$245.66 +1.07 (+0.44%)
(As of 11/22/2024 ET)

WSP Global - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
1
Buy
11

Based on 12 Wall Street analysts who have issued ratings for WSP Global in the last 12 months, the stock has a consensus rating of "Buy." Out of the 12 analysts, 1 has given a hold rating, 9 have given a buy rating, and 2 have given a strong buy rating for WSP.

Consensus Price Target

C$266.82
8.61% Upside
According to the 12 analysts' twelve-month price targets for WSP Global, the average price target is C$266.82. The highest price target for WSP is C$285.00, while the lowest price target for WSP is C$241.00. The average price target represents a forecasted upside of 8.61% from the current price of C$245.66.
Get the Latest News and Ratings for WSP and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for WSP Global and its competitors.

Sign Up

WSP Analyst Ratings Over Time

TypeCurrent Forecast
11/24/23 to 11/23/24
1 Month Ago
10/25/23 to 10/24/24
3 Months Ago
8/26/23 to 8/25/24
1 Year Ago
11/24/22 to 11/24/23
Strong Buy
2 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
9 Buy rating(s)
10 Buy rating(s)
10 Buy rating(s)
8 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price TargetC$266.82C$258.25C$254.50C$205.50
Forecasted Upside8.61% Upside3.60% Upside12.32% Upside10.12% Upside
Consensus Rating
Buy
Buy
Buy
Moderate Buy

WSP Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

WSP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

WSP Global Stock vs. The Competition

TypeWSP GlobalIndustrials Companies
Consensus Rating Score
3.08
2.72
Consensus RatingBuyModerate Buy
News Sentiment Rating
Neutral News

See Recent WSP News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/8/2024BMO Capital Markets
4 of 5 stars
 Boost TargetC$257.00 ➝ C$280.00+15.14%
11/8/2024Royal Bank of Canada
4 of 5 stars
 Boost TargetC$261.00 ➝ C$279.00+14.73%
10/25/2024Scotiabank
5 of 5 stars
J. Goldman
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeStrong-Buy
10/15/2024Canaccord Genuity Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuyC$260.00 ➝ C$275.00+9.08%
10/4/2024Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetC$260.00 ➝ C$285.00+18.44%
8/20/2024TD Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuyC$273.00 ➝ C$279.00+25.37%
8/20/2024Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetStrong-BuyC$255.00 ➝ C$270.00+21.33%
8/20/2024ATB Capital
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetSector PerformC$235.00 ➝ C$250.00+12.34%
8/20/2024Desjardins
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuyC$249.00 ➝ C$257.00+15.48%
8/20/2024CIBC
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperformC$245.00 ➝ C$264.00+18.63%
8/19/2024National Bankshares
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Set TargetOutperformC$251.00 ➝ C$255.00+15.26%
3/1/2024Veritas Investment Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingBuy
11/9/2023Laurentian
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetC$203.00 ➝ C$205.00+8.49%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 07:35 AM ET.


Should I Buy WSP Global Stock? WSP Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, November 4, 2024. Please send any questions or comments about these WSP Global pros and cons to contact@marketbeat.com.

WSP Global
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in WSP Global Inc.:

  • WSP Global Inc. has a consensus "Buy" rating from analysts, indicating positive market sentiment towards the company's future performance.
  • Recent Wall Street analyst forecasts suggest growth potential for WSP Global Inc., with price targets being raised and buy ratings being reiterated.
  • WSP Global Inc. announced a quarterly dividend, providing investors with a steady income stream. The current dividend yield is 0.63%.
  • The company's stock price has reached a new 52-week high, indicating positive momentum and investor confidence in the company.
  • WSP Global Inc. has a strong market capitalization of C$29.08 billion, reflecting the company's size and stability in the market.

WSP Global
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in WSP Global Inc. for these reasons:

  • WSP Global Inc. missed analysts' consensus earnings estimates in the last reported quarter, which may raise concerns about the company's financial performance.
  • The company's debt-to-equity ratio is high at 71.81, indicating a significant level of debt that could pose risks in times of economic uncertainty.
  • While the stock has shown positive growth, the P/E ratio of 48.70 may suggest that the stock is currently overvalued compared to its earnings.
  • Investors should consider the company's beta of 0.81, which indicates that WSP Global Inc.'s stock price is less volatile than the market average.
  • Analysts forecast an earnings per share of 9.4701583 for the current fiscal year, which investors should monitor closely for any deviations from expectations.

WSP Forecast - Frequently Asked Questions

According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for WSP Global is C$266.82, with a high forecast of C$285.00 and a low forecast of C$241.00.

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for WSP Global in the last twelve months. There is currently 1 hold rating, 9 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" WSP shares.

According to analysts, WSP Global's stock has a predicted upside of 8.61% based on their 12-month stock forecasts.

Over the previous 90 days, WSP Global's stock had 1 upgrade by analysts.

WSP Global has been rated by research analysts at BMO Capital Markets, Canaccord Genuity Group, Royal Bank of Canada, Scotiabank, and Stifel Nicolaus in the past 90 days.

Analysts like WSP Global more than other "industrials" companies. The consensus rating for WSP Global is Buy while the average consensus rating for "industrials" companies is Moderate Buy. Learn more on how WSP compares to other companies.


This page (TSE:WSP) was last updated on 11/23/2024 by MarketBeat.com Staff
From Our Partners