20:11:05 EDT Tue 30 Apr 2024
Enter Symbol
or Name
USA
CA



WSP Global Inc
Symbol WSP
Shares Issued 124,663,950
Close 2024-01-31 C$ 197.51
Market Cap C$ 24,622,376,765
Recent Sedar Documents

Globe says WSP Global kept at "sector outperform"

2024-01-31 08:32 ET - In the News

The Globe and Mail reports in its Wednesday, Jan. 31, edition that Scotia Capital analyst Michael Doumet, pointing to "high visibility earnings growth," predicts the 2024 "success" of "much beloved" Canadian engineering and construction firms will continue this year. The Globe's David Leeder writes in the Eye On Equities column that in a report titled In Full Swing, Mr. Doumet touted visibility on high-single-digits organic growth as well as margin expansion, which could extend into 2025 "driven by the infrastructure renaissance, the energy transition, and reshoring trends." He says: "For the group, we forecast 2024 organic growth of 7 per cent to 9 per cent. ... Industry tailwinds remain robust." Mr. Doumet has reaffirmed his "sector outperform" call for WSP Global. He boosted his share target by $16 to $233. Analysts on average target the shares at $212.79. The Globe reported on Sept. 6 that Mr. Doumet had reaffirmed his "sector outperform" recommendation for WSP Global. The shares could then be had for $190.05. The Globe reported on Jan. 12 that CIBC World Markets analyst Jacob Bout had reaffirmed his "outperformer" recommendation for WSP Global. The shares were then going for $189.34.

© 2024 Canjex Publishing Ltd. All rights reserved.