WSP Global (WSP) Stock Forecast & Price Target

C$250.05

-0.44 (-0.18%)

(As of 10/21/2024 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

Buy

Based on 12 Analyst Ratings

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, 10 have given a buy rating, and 1 has given a strong buy rating for WSP.

Consensus Price Target

C$258.25
3.28% Upside

According to the 12 analysts' twelve-month price targets for WSP Global, the average price target is C$258.25. The highest price target for WSP is C$285.00, while the lowest price target for WSP is C$205.00. The average price target represents a forecasted upside of 3.28% from the current price of C$250.05.

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WSP Analyst Ratings Over Time

Type	Current Forecast 10/23/23 to 10/22/24	1 Month Ago 9/23/23 to 9/22/24	3 Months Ago 7/25/23 to 7/24/24	1 Year Ago 10/23/22 to 10/23/23
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	10 Buy rating(s)	10 Buy rating(s)	10 Buy rating(s)	7 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	C$258.25	C$254.50	C$237.17	C$201.90
Forecasted Upside	3.28% Upside	8.43% Upside	5.77% Upside	8.64% Upside
Consensus Rating	Buy	Buy	Buy	Moderate Buy

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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.

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.

WSP Global Stock vs. The Competition

Type	WSP Global	Industrials Companies
Consensus Rating Score	3.00	2.68
Consensus Rating	Buy	Moderate Buy
News Sentiment Rating	Neutral News See Recent WSP News	Neutral News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
10/15/2024	Canaccord Genuity Group 4 of 5 stars	Boost Target	Buy	C$260.00 ➝ C$275.00	+9.08%
10/4/2024	Stifel Nicolaus 4 of 5 stars	Boost Target		C$260.00 ➝ C$285.00	+18.44%
8/20/2024	TD Securities 4 of 5 stars	Boost Target	Buy	C$273.00 ➝ C$279.00	+25.37%
8/20/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Strong-Buy	C$255.00 ➝ C$270.00	+21.33%
8/20/2024	ATB Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Sector Perform	C$235.00 ➝ C$250.00	+12.34%
8/20/2024	Desjardins Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy	C$249.00 ➝ C$257.00	+15.48%
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8/20/2024	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform	C$245.00 ➝ C$264.00	+18.63%
8/20/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform	C$252.00 ➝ C$257.00	+15.48%
8/20/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform	C$252.00 ➝ C$261.00	+17.28%
8/19/2024	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target	Outperform	C$251.00 ➝ C$255.00	+15.26%
5/10/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		C$239.00 ➝ C$241.00	+11.02%
3/1/2024	Veritas Investment Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy
11/9/2023	Laurentian Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		C$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 Tuesday at 09:35 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 Wednesday, October 16, 2024. Please send any questions or comments about these WSP Global pros and cons to contact@marketbeat.com.

WSP Global
Bull Case

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

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$258.25, with a high forecast of C$285.00 and a low forecast of C$205.00.
: 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WSP Global in the last year. There is currently 1 hold rating, 10 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" WSP shares.
: According to analysts, WSP Global's stock has a predicted upside of 3.28% based on their 12-month stock forecasts.
: WSP Global has been rated by research analysts at ATB Capital, BMO Capital Markets, Canaccord Genuity Group, CIBC, Desjardins, National Bankshares, Raymond James, Royal Bank of Canada, Stifel Nicolaus, and TD Securities 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.