WSP Global (TSE:WSP) Given a C$306.00 Price Target at Desjardins

WSP Global (TSE:WSP) received a C$306.00 target price from research analysts at Desjardins in a research report issued on Tuesday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Desjardins’ target price would suggest a potential upside of 25.81% from the stock’s previous close.

Other research analysts also recently issued reports about the stock. ATB Capital raised shares of WSP Global from a “sector perform” rating to an “outperform” rating and set a C$305.00 price objective on the stock in a research report on Friday, November 7th. Atb Cap Markets upgraded shares of WSP Global from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 6th. TD Securities upped their target price on WSP Global from C$328.00 to C$330.00 and gave the stock a “buy” rating in a report on Monday, October 27th. CIBC decreased their target price on WSP Global from C$349.00 to C$342.00 in a research report on Friday, November 7th. Finally, BMO Capital Markets upped their price target on WSP Global from C$330.00 to C$335.00 in a research note on Thursday, November 6th. Two analysts have rated the stock with a Strong Buy rating and eight have given a Buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of C$318.42.

WSP Global Trading Down 1.0%

Shares of TSE WSP traded down C$2.55 during trading hours on Tuesday, hitting C$243.22. The company’s stock had a trading volume of 80,451 shares, compared to its average volume of 254,901. WSP Global has a 12 month low of C$217.42 and a 12 month high of C$291.46. The stock has a market cap of C$31.77 billion, a price-to-earnings ratio of 36.41, a P/E/G ratio of 1.09 and a beta of 0.51. The company has a debt-to-equity ratio of 80.45, a quick ratio of 1.04 and a current ratio of 1.26. The business has a 50-day simple moving average of C$266.07 and a 200-day simple moving average of C$275.15.

WSP Global (TSE:WSP) last released its quarterly earnings data on Wednesday, November 5th. The company reported C$2.82 earnings per share for the quarter. The business 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 anticipate that WSP Global will post 9.5687404 earnings per share 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).