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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.
As SNC Lavalin has gone down, WSP has gone up. They ahve an $8 billion project backlog. It's cheap with great cash flow. They made 5 good acquisitions this year. A slow, steady grower with a huge backlog. They hit a new high today. (Analysts’ price target is $82.50)
WSP Global is pretty much the gold standard. They are pretty much 100% consulting, whereas STN-T and SNC-T are not. He has shied away from the whole sector. The problem is the engineering and construction business, which he has never liked. Margins are razor thin. STN-T wants to get away from E&C. He would buy WSP-T on a correction. STN-T might be a buy at some other point. SNC-T he stays way from and has done so for many years.