Brokerages Set WSP Global Inc. (TSE:WSP) Price Target at C$318.42

by · The Markets Daily

Shares of WSP Global Inc. (TSE:WSP – Get Free Report) have received a consensus recommendation of “Buy” from the ten analysts that are currently covering the stock, Marketbeat Ratings reports. Eight research analysts have rated the stock with a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is C$321.92.

Several equities analysts have recently commented on WSP shares. Royal Bank Of Canada decreased their target price on WSP Global from C$318.00 to C$316.00 in a research report on Friday, November 7th. Stifel Nicolaus boosted their price target on WSP Global from C$317.00 to C$350.00 and gave the company a “buy” rating in a research note on Monday, October 6th. BMO Capital Markets increased their price objective on WSP Global from C$330.00 to C$335.00 in a research report on Thursday, November 6th. Desjardins lifted their target price on WSP Global from C$306.00 to C$346.00 and gave the stock a “buy” rating in a report on Friday. Finally, TD Securities boosted their target price on shares of WSP Global from C$328.00 to C$330.00 and gave the company a “buy” rating in a research report on Monday, October 27th.

Check Out Our Latest Stock Analysis on WSP Global

WSP Global Price Performance

Shares of WSP opened at C$241.65 on Thursday. The company’s 50-day moving average is C$259.76 and its 200-day moving average is C$272.66. The company has a debt-to-equity ratio of 80.45, a current ratio of 1.26 and a quick ratio of 1.04. The firm has a market capitalization of C$31.56 billion, a PE ratio of 36.18, a PEG ratio of 1.09 and a beta of 0.53. WSP Global has a fifty-two week low of C$217.42 and a fifty-two week high of C$291.46.

WSP Global (TSE:WSP – Get Free Report) last released its quarterly earnings results on Wednesday, November 5th. The company reported C$2.82 earnings per share for the quarter. The firm 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%. Equities analysts forecast that WSP Global will post 9.5687404 EPS for the current year.

About WSP Global

(Get Free Report)

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).

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