WSP Global Inc. (TSE:WSP) Stock Has Consensus Price Target of C$289.62 According to Brokerages

Shares of WSP Global Inc. (TSE:WSP) have been assigned a consensus rating of “Buy” from the thirteen ratings firms that are currently covering the firm, Marketbeat Ratings reports. Twelve analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is C$289.62.

Several research firms have weighed in on WSP. Royal Bank Of Canada lowered their price target on shares of WSP Global from C$304.00 to C$303.00 and set an “outperform” rating on the stock in a report on Wednesday, September 30th. Scotia reduced their price objective on WSP Global from C$281.00 to C$279.00 and set a “sector outperform” rating for the company in a report on Monday, August 10th. Desjardins decreased their target price on WSP Global from C$372.00 to C$369.00 and set a “buy” rating on the stock in a research report on Friday, August 7th. TD lowered their target price on WSP Global from C$307.00 to C$255.00 and set a “buy” rating on the stock in a research note on Tuesday, July 28th. Finally, BMO Capital Markets lowered their target price on WSP Global from C$280.00 to C$275.00 and set an “outperform” rating on the stock in a research note on Wednesday, September 30th.

WSP Global Trading Down 4.8%

WSP stock opened at C$189.48 on Friday. The company has a debt-to-equity ratio of 84.47, a current ratio of 1.20 and a quick ratio of 1.04. The company has a fifty day moving average price of C$178.99 and a two-hundred day moving average price of C$201.18. WSP Global has a one year low of C$156.64 and a one year high of C$275.24. The stock has a market cap of C$25.55 billion, a price-to-earnings ratio of 27.03, a price-to-earnings-growth ratio of 1.09 and a beta of 0.37.

WSP Global (TSE:WSP) last issued its quarterly earnings data on Wednesday, November 4th. The company reported C$3.20 earnings per share for the quarter. The company had revenue of C$5.29 billion for the quarter. WSP Global had a net margin of 4.81% and a return on equity of 9.52%. Equities analysts anticipate that WSP Global will post 9.57 EPS for the current 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).