WSP Global (TSE:WSP) Price Target Raised to C$343.00

WSP Global (TSE:WSP) had its target price lifted by Canadian Imperial Bank of Commerce from C$342.00 to C$343.00 in a report issued on Monday,BayStreet.CA reports.

A number of other research firms also recently commented on WSP. Raymond James Financial raised their price objective on WSP Global from C$310.00 to C$340.00 in a report on Sunday, January 4th. BMO Capital Markets boosted their target price on WSP Global from C$335.00 to C$338.00 in a report on Monday, January 5th. Royal Bank Of Canada raised their price target on shares of WSP Global from C$316.00 to C$325.00 in a report on Friday, February 27th. Stifel Nicolaus reduced their price target on shares of WSP Global from C$360.00 to C$320.00 and set a “buy” rating on the stock in a research report on Friday, February 27th. Finally, Desjardins increased their price objective on shares of WSP Global from C$346.00 to C$375.00 and gave the stock a “buy” rating in a research report on Tuesday, December 23rd. One research analyst has rated the stock with a Strong Buy rating and nine have issued a Buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of C$328.18.

WSP Global Stock Down 3.1%

Shares of WSP opened at C$227.68 on Monday. The firm has a market cap of C$30.69 billion, a PE ratio of 34.08, a price-to-earnings-growth ratio of 1.09 and a beta of 0.47. The company’s fifty day moving average is C$251.30 and its two-hundred day moving average is C$261.33. WSP Global has a fifty-two week low of C$213.18 and a fifty-two week high of C$291.46. The company has a quick ratio of 1.04, a current ratio of 1.27 and a debt-to-equity ratio of 59.38.

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).