WSP Global (TSE:WSP) Price Target Raised to C$320.00

WSP Global (TSE:WSP) had its price objective upped by Scotiabank from C$318.00 to C$320.00 in a report released on Thursday,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Several other equities research analysts also recently commented on WSP. CIBC dropped their target price on WSP Global from C$349.00 to C$342.00 in a report on Friday, November 7th. ATB Capital upped their price target on shares of WSP Global from C$305.00 to C$330.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 23rd. Atb Cap Markets raised shares of WSP Global from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 6th. Desjardins lifted their target price on shares of WSP Global from C$346.00 to C$375.00 and gave the stock a “buy” rating in a report on Tuesday, December 23rd. Finally, Raymond James Financial upped their target price on shares of WSP Global from C$310.00 to C$340.00 in a research note on Sunday, January 4th. Two investment analysts have rated the stock with a Strong Buy rating and nine have given a Buy rating to the stock. Based on data from MarketBeat.com, WSP Global has a consensus rating of “Buy” and an average price target of C$330.83.

WSP Global Stock Down 0.1%

WSP Global stock opened at C$269.94 on Thursday. The company has a current ratio of 1.26, a quick ratio of 1.04 and a debt-to-equity ratio of 80.45. WSP Global has a 1-year low of C$217.42 and a 1-year high of C$291.46. The firm has a market capitalization of C$36.39 billion, a price-to-earnings ratio of 40.41, a P/E/G ratio of 1.09 and a beta of 0.51. The firm has a 50 day simple moving average of C$251.14 and a 200 day simple moving average of C$268.96.

WSP Global (TSE:WSP) last posted its quarterly earnings data on Wednesday, November 5th. The company reported C$2.82 earnings per share (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%. On average, analysts predict that WSP Global will post 9.5687404 earnings per share for the current 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).