Raymond James Reaffirms Their Buy Rating on WSP Global (WSP)

In a new note to investors today, an analyst has provided a rating update for the Materials sector company, WSP Global (WSPResearch Report). The Materials company, WSP Global (TSX: WSP) has just received a rating update from a Wall Street analyst.

Bastien has an average return of 15.6% when recommending WSP Global.

According to TipRanks.com, Bastien is ranked #2383 out of 5539 analysts.

Currently, the analyst consensus on WSP Global is a Strong Buy with an average price target of C$83.83.

Based on WSP Global’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of C$88.7 million. In comparison, last year the company had a net profit of C$87.7 million.

WSP Global, Inc. is a professional services company which provides solutions to governments, businesses, architects and planners. It deploys a range of workforce ranging from engineers, technicians, scientists, planners, surveyors, environmental specialists, as well as other design, program, and construction management professionals.

The company’s shares closed last Thursday at C$76.08, close to its 52-week high of C$78.73.