WSP Global (TSE:WSP) Price Target Raised to C$301.00

WSP Global (TSE:WSP) had its price objective increased by National Bankshares from C$299.00 to C$301.00 in a research report report published on Monday morning,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

A number of other equities research analysts also recently commented on the company. Stifel Nicolaus lifted their price objective on WSP Global from C$317.00 to C$350.00 and gave the company a “buy” rating in a research report on Monday, October 6th. Desjardins raised their price target on WSP Global from C$306.00 to C$346.00 and gave the stock a “buy” rating in a research note on Friday, December 12th. TD Securities upped their price objective on shares of WSP Global from C$328.00 to C$330.00 and gave the company a “buy” rating in a research note on Monday, October 27th. ATB Capital upgraded 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 report on Friday, November 7th. Finally, CIBC lowered their target price on shares of WSP Global from C$349.00 to C$342.00 in a report on Friday, November 7th. Two analysts have rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the company’s stock. Based on data from MarketBeat.com, WSP Global presently has a consensus rating of “Buy” and an average target price of C$321.92.

WSP Global Price Performance

WSP Global stock opened at C$243.67 on Monday. The company has a market cap of C$31.83 billion, a P/E ratio of 36.48, a price-to-earnings-growth ratio of 1.09 and a beta of 0.53. WSP Global has a one year low of C$217.42 and a one year high of C$291.46. The business has a fifty day moving average of C$258.38 and a two-hundred day moving average of C$272.20. The company has a debt-to-equity ratio of 80.45, a quick ratio of 1.04 and a current ratio of 1.26.

WSP Global (TSE:WSP) last issued its earnings results on Wednesday, November 5th. The company reported C$2.82 earnings per share for the quarter. The company had revenue of C$4.53 billion for the quarter. WSP Global had a net margin of 4.24% and a return on equity of 9.84%. As a group, analysts predict that WSP Global will post 9.5687404 earnings per share for the current fiscal 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).