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TSE:WSP
This summary was created by AI, based on 1 opinions in the last 12 months.
WSP Global Inc. (WSP-T) is receiving positive insights from analysts, particularly highlighting the company's solid performance and growth potential in its sector. A notable expert, Trevor Rose, indicated a favorable outlook for the stock, suggesting that it is worth considering for purchase at current prices, with an aggressive buying strategy recommended if the price drops below $230. This suggests that the firm is currently seen as a solid investment opportunity for those looking to enter or increase their position in this market. Overall, the sentiment around WSP Global points to optimism regarding its future prospects and value, making it an interesting option for investors looking for growth in the infrastructure and engineering space.
Bought it two years ago. They grow organically as well as through mergers. They made a great acquisition, big in environmental, which closed end-2020. WSP guides growing net revenues past 5% 2022-2024, then continuous margin improvement. Strong balance sheet. Can augment organic growth with new buys. The US infrastructure bill will help their growth in the next two years. Has a global presence, too. (Analysts’ price target is $195.43)
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. 5i expects acquisitions to pick up this year. With more acquisitions, it should spark the stock. The broader market sell off has certainly weighed it down. Continues to like the company in the long run with a strong market position and positive economic outlook. Unlock Premium - Try 5i Free