WSP Global (TSE:WSP) Price Target Raised to C$304.00

WSP Global (TSE:WSP) had its price target increased by National Bankshares from C$301.00 to C$304.00 in a report published on Tuesday,BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

Several other analysts have also recently weighed in on WSP. Desjardins lifted their price objective on WSP Global from C$306.00 to C$346.00 and gave the company a “buy” rating in a research report on Friday, December 12th. BMO Capital Markets raised their target price on WSP Global from C$330.00 to C$335.00 in a research note on Thursday, November 6th. Scotiabank lifted their price target on WSP Global from C$306.00 to C$308.00 in a research report on Friday, October 17th. Royal Bank Of Canada decreased their price objective on WSP Global from C$318.00 to C$316.00 in a report on Friday, November 7th. Finally, Stifel Nicolaus raised 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. 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.com, WSP Global presently has a consensus rating of “Buy” and an average price target of C$330.42.

WSP Global Stock Down 0.5%

Shares of WSP Global stock opened at C$250.00 on Tuesday. The company has a current ratio of 1.26, a quick ratio of 1.04 and a debt-to-equity ratio of 80.45. WSP Global has a 12-month low of C$217.42 and a 12-month high of C$291.46. The company has a market cap of C$32.65 billion, a P/E ratio of 37.43, a PEG ratio of 1.09 and a beta of 0.53. The company’s fifty day simple moving average is C$254.52 and its two-hundred day simple moving average is C$271.03.

WSP Global (TSE:WSP) last posted its earnings results on Wednesday, November 5th. The company reported C$2.82 EPS for the quarter. The firm had revenue of C$4.53 billion during the quarter. WSP Global had a net margin of 4.24% and a return on equity of 9.84%. Research 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).