WSP Global (TSE:WSP) Price Target Raised to C$301.00

WSP Global (TSE:WSP) had its price objective upped by research analysts at National Bankshares from C$299.00 to C$301.00 in a note issued to investors on Monday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bankshares’ target price indicates a potential upside of 25.10% from the stock’s previous close.

Other equities research analysts have also recently issued research reports about the stock. Atb Cap Markets raised WSP Global from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 6th. TD Securities increased their price objective on shares of WSP Global from C$328.00 to C$330.00 and gave the stock a “buy” rating in a research note on Monday, October 27th. CIBC dropped their price objective on shares of WSP Global from C$349.00 to C$342.00 in a report on Friday, November 7th. ATB Capital raised shares of WSP Global from a “sector perform” rating to an “outperform” rating and set a C$305.00 target price for the company in a report on Friday, November 7th. Finally, Royal Bank Of Canada decreased their price target on shares of WSP Global from C$318.00 to C$316.00 in a research report on Friday, November 7th. Two analysts have rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the stock. According to MarketBeat, WSP Global has a consensus rating of “Buy” and a consensus target price of C$321.92.

WSP Global Trading Down 0.3%

WSP Global stock traded down C$0.74 during trading hours on Monday, reaching C$240.60. The stock had a trading volume of 134,215 shares, compared to its average volume of 254,927. The company has a fifty day simple moving average of C$260.41 and a 200-day simple moving average of C$272.94. WSP Global has a 52 week low of C$217.42 and a 52 week high of C$291.46. The stock has a market cap of C$31.42 billion, a PE ratio of 36.02, a PEG ratio of 1.09 and a beta of 0.53. The company has a debt-to-equity ratio of 80.45, a current ratio of 1.26 and a quick ratio of 1.04.

WSP Global (TSE:WSP) last announced its quarterly earnings results on Wednesday, November 5th. The company reported C$2.82 EPS for the quarter. The company had revenue of C$4.53 billion during the quarter. WSP Global had a return on equity of 9.84% and a net margin of 4.24%. Analysts forecast that WSP Global will post 9.5687404 EPS for the current fiscal year.

WSP Global Company Profile

WSP Global Inc provides engineering and design services to clients in the Transportation & Infrastructure, Property and Buildings, Environment, Power and Energy, Resources, and Industry sectors. It also offers strategic advisory services. The firm operates through four reportable segments namely, Canada, Americas ( US and Latin America), EMEIA (Europe, Middle East, India and Africa), and APAC (Asia Pacific, comprising Australia, New Zealand and Asia).