Scotiabank Increases WSP Global Inc (WSP) Price Target to C$58.00
WSP Global Inc (TSE:WSP) had its price target raised by research analysts at Scotiabank from C$57.00 to C$58.00 in a research report issued to clients and investors on Tuesday. The firm currently has an “outperform” rating on the stock. Scotiabank’s target price indicates a potential upside of 16.94% from the stock’s current price.
WSP has been the topic of several other reports. Royal Bank Of Canada increased their target price on WSP Global from C$52.00 to C$55.00 and gave the stock an “outperform” rating in a research report on Thursday, May 11th. Canaccord Genuity lowered WSP Global from a “buy” rating to a “hold” rating in a research report on Monday, July 17th. National Bank Financial lowered WSP Global from an “outperform overweight” rating to a “sector perform overweight” rating in a research report on Wednesday, July 12th. TD Securities increased their target price on WSP Global from C$54.00 to C$58.00 and gave the stock a “buy” rating in a research report on Thursday, May 11th. Finally, Raymond James Financial, Inc. increased their target price on WSP Global from C$55.00 to C$56.00 and gave the stock a “strong-buy” rating in a research report on Friday, May 12th. Two investment analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. WSP Global presently has a consensus rating of “Buy” and an average target price of C$53.38.
WSP Global (TSE WSP) traded up 1.39% during midday trading on Tuesday, hitting $50.29. The company had a trading volume of 95,851 shares. The firm has a market cap of $5.14 billion and a price-to-earnings ratio of 22.39. WSP Global has a 52-week low of $40.50 and a 52-week high of $55.04. The stock has a 50 day moving average of $51.63 and a 200 day moving average of $49.25.
WSP Global Company Profile
WSP Global Inc is a professional services company. The Company’s segments are Canada, Americas (US and South America), EMEIA (Europe, Middle East, India and Africa) and APAC (Asia Pacific, including primarily Asia and Australia). It offers services in project delivery and consulting. It offers various project services throughout the project execution phases.
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