Analysts Set WSP Global Inc. (TSE:WSP) Target Price at C$330.42

Shares of WSP Global Inc. (TSE:WSP) have received a consensus rating of “Buy” from the eleven research firms that are covering the stock, MarketBeat.com reports. Nine equities research analysts have rated the stock with a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is C$330.67.

Several research firms have recently issued reports on WSP. National Bankshares lifted their price objective on shares of WSP Global from C$301.00 to C$304.00 and gave the company an “outperform” rating in a research report on Tuesday, December 23rd. Scotiabank raised their target price on shares of WSP Global from C$308.00 to C$318.00 and gave the company an “outperform” rating in a research note on Tuesday, December 23rd. Raymond James Financial boosted their price target on shares of WSP Global from C$310.00 to C$340.00 in a research note on Sunday. Stifel Nicolaus increased their price objective 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. Finally, CIBC cut their price objective on WSP Global from C$349.00 to C$342.00 in a research report on Friday, November 7th.

WSP Global Stock Performance

TSE WSP opened at C$257.00 on Monday. The company has a quick ratio of 1.04, a current ratio of 1.26 and a debt-to-equity ratio of 80.45. WSP Global has a twelve month low of C$217.42 and a twelve month high of C$291.46. The business has a 50-day moving average price of C$249.75 and a 200-day moving average price of C$269.72. The firm has a market cap of C$34.65 billion, a price-to-earnings ratio of 38.47, a price-to-earnings-growth ratio of 1.09 and a beta of 0.51.

WSP Global (TSE:WSP) last issued its earnings results on Wednesday, November 5th. The company reported C$2.82 earnings per share (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. As a group, equities research analysts predict that WSP Global will post 9.5687404 EPS for the current fiscal year.

About WSP Global

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).