WSP Global (TSE:WSP) Price Target Raised to C$335.00

WSP Global (TSE:WSP) had its target price raised by TD Securities from C$330.00 to C$335.00 in a research note issued to investors on Tuesday,BayStreet.CA reports. They currently have a buy rating on the stock.

A number of other equities research analysts also recently weighed in on WSP. Stifel Nicolaus upped their price target on shares of WSP Global from C$317.00 to C$350.00 and gave the company a “buy” rating in a report on Monday, October 6th. National Bankshares increased their target price on shares of WSP Global from C$301.00 to C$304.00 and gave the company an “outperform” rating in a research note on Tuesday. Desjardins raised their target price on shares of WSP Global from C$306.00 to C$346.00 and gave the stock a “buy” rating in a report on Friday, December 12th. Scotiabank upped their price target on WSP Global from C$308.00 to C$318.00 and gave the company an “outperform” rating in a report on Tuesday. Finally, CIBC reduced their price objective on WSP Global from C$349.00 to C$342.00 in a research note on Friday, November 7th. Two analysts have rated the stock with a Strong Buy rating and nine have given a Buy rating to the company’s stock. Based on data from MarketBeat, WSP Global has an average rating of “Buy” and a consensus target price of C$330.42.

WSP Global Stock Performance

Shares of TSE WSP opened at C$250.00 on Tuesday. The stock has a fifty day moving average price of C$254.52 and a two-hundred day moving average price of C$271.03. The company has a debt-to-equity ratio of 80.45, a quick ratio of 1.04 and a current ratio of 1.26. The firm has a market cap of C$32.65 billion, a P/E ratio of 37.43, a PEG ratio of 1.09 and a beta of 0.53. WSP Global has a 1 year low of C$217.42 and a 1 year high of C$291.46.

WSP Global (TSE:WSP) last posted its quarterly earnings data on Wednesday, November 5th. The company reported C$2.82 EPS for the quarter. WSP Global had a return on equity of 9.84% and a net margin of 4.24%.The company had revenue of C$4.53 billion for the quarter. Research 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).