WSP Global (TSE:WSP) Price Target Raised to C$335.00 at TD Securities

WSP Global (TSE:WSP) had its price objective upped by equities research analysts at TD Securities from C$330.00 to C$335.00 in a report released on Tuesday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. TD Securities’ target price would indicate a potential upside of 33.14% from the stock’s current price.

A number of other research analysts have also recently commented on the company. Scotiabank boosted their price target on WSP Global from C$308.00 to C$318.00 and gave the stock an “outperform” rating in a report on Tuesday. CIBC reduced their price objective on WSP Global from C$349.00 to C$342.00 in a research note on Friday, November 7th. National Bankshares raised their target price on shares of WSP Global from C$301.00 to C$304.00 and gave the stock an “outperform” rating in a report on Tuesday. Royal Bank Of Canada dropped their price objective on WSP Global from C$318.00 to C$316.00 in a report on Friday, November 7th. Finally, ATB Capital upped their target price on shares of WSP Global from C$305.00 to C$330.00 and gave the stock an “outperform” rating in a research note on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating and nine have given a Buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of C$330.42.

WSP Global Stock Performance

WSP stock traded up C$2.35 during midday trading on Tuesday, reaching C$251.61. 88,827 shares of the company’s stock traded hands, compared to its average volume of 260,816. The stock has a market cap of C$32.86 billion, a P/E ratio of 37.67, a PEG ratio of 1.09 and a beta of 0.53. The company has a current ratio of 1.26, a quick ratio of 1.04 and a debt-to-equity ratio of 80.45. The stock’s 50-day moving average is C$256.43 and its 200 day moving average is C$271.52. WSP Global has a 52-week low of C$217.42 and a 52-week high of C$291.46.

WSP Global (TSE:WSP) last posted its quarterly earnings data 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 return on equity of 9.84% and a net margin of 4.24%. As a group, analysts anticipate that WSP Global will post 9.5687404 EPS for the current 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).