WSP Global Inc. (OTCMKTS:WSPOF) Short Interest Update

WSP Global Inc. (OTCMKTS:WSPOFGet Rating) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totalling 196,800 shares, a drop of 23.2% from the June 30th total of 256,100 shares. Based on an average trading volume of 1,300 shares, the days-to-cover ratio is currently 151.4 days.

WSP Global Price Performance

Shares of OTCMKTS WSPOF opened at $120.23 on Monday. WSP Global has a fifty-two week low of $101.74 and a fifty-two week high of $149.07. The stock’s 50-day simple moving average is $111.05 and its 200-day simple moving average is $120.39.

Analysts Set New Price Targets

A number of equities analysts recently commented on WSPOF shares. National Bank Financial raised their target price on WSP Global from C$180.00 to C$182.00 in a report on Thursday, June 2nd. TD Securities increased their price target on WSP Global from C$180.00 to C$185.00 in a research report on Thursday, June 2nd. Raymond James reduced their price target on WSP Global from C$200.00 to C$185.00 in a research report on Friday, May 13th. Scotiabank increased their price target on WSP Global from C$170.00 to C$175.00 in a research report on Thursday, June 2nd. Finally, BMO Capital Markets increased their price target on WSP Global from C$170.00 to C$180.00 in a research report on Thursday, June 2nd. One investment analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $187.58.

WSP Global Company Profile

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WSP Global Inc operates as a professional services consulting firm in the United States, Canada, the United Kingdom, Sweden, Australia, and internationally. It advises, plans, designs, and manages projects for rail transit, aviation, highways, bridges, tunnels, water, maritime, and urban infrastructure for public and private clients, construction contractors, and other partners.

Further Reading

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