CIBC Boosts WSP Global (WSP) Price Target to C$81.00
WSP Global (TSE:WSP) had its price target lifted by research analysts at CIBC from C$77.00 to C$81.00 in a research report issued on Friday. CIBC’s target price indicates a potential upside of 12.55% from the company’s previous close.
Several other research analysts have also recently commented on WSP. BMO Capital Markets cut their price target on WSP Global from C$74.00 to C$72.00 and set a “market perform” rating on the stock in a research note on Thursday, January 31st. Laurentian boosted their price target on WSP Global from C$81.00 to C$82.50 in a research note on Thursday, January 31st. Finally, Desjardins upgraded WSP Global from a “hold” rating to a “buy” rating in a research note on Thursday, January 31st. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of C$76.95.
Shares of TSE:WSP traded up C$1.47 during trading on Friday, hitting C$71.97. The company’s stock had a trading volume of 92,409 shares, compared to its average volume of 152,269. The company has a debt-to-equity ratio of 34.68, a quick ratio of 1.20 and a current ratio of 1.20. WSP Global has a fifty-two week low of C$56.09 and a fifty-two week high of C$75.42. The stock has a market cap of $7.34 billion and a price-to-earnings ratio of 31.79.
WSP Global Inc operates as a professional services company in the United States, Canada, the United Kingdom, Sweden, and internationally. The company's Property & Buildings segment provides technical and management consultancy services, such as structural and mechanical, electrical, and plumbing engineering; and a range of specialist services, including fire engineering, lighting design, vertical transportation, acoustics, intelligent building systems, audiovisual systems, information technology, facade engineering, and green building design.
Receive News & Ratings for WSP Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WSP Global and related companies with MarketBeat.com's FREE daily email newsletter.