Scotiabank assumed coverage of WSP Global (WSPOF) with an Outperform rating and C$279 price target The firm says the Canadian engineering and construction companies are “beloved” for their defensive business models, proven ability to recycle capital accretively via acquisitions, and being beneficiaries of an infrastructure investment cycle and secular tailwinds.
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Read More on WSPOF:
- WSP Global price target raised to C$271 from C$255 at National Bank
- WSP Global price target raised to C$285 from C$260 at Stifel
- WSP Global Acquires Power Engineers, Boosts Energy Sector
- WSP Global Launches $1 Billion Notes Offering
- WSP Global initiated with a Buy at UBS
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