WSP Global (TSE:WSP) Price Target Raised to C$281.00

WSP Global (TSE:WSP) had its price objective boosted by analysts at Scotiabank from C$279.00 to C$281.00 in a research note issued on Monday,BayStreet.CA reports. Scotiabank’s price objective points to a potential upside of 9.12% from the stock’s previous close.

A number of other analysts have also commented on the company. Raymond James lifted their price target on WSP Global from C$270.00 to C$310.00 and gave the company a “strong-buy” rating in a research note on Thursday, January 30th. CIBC dropped their price target on WSP Global from C$280.00 to C$278.00 in a research note on Monday, February 3rd. Royal Bank of Canada raised their target price on WSP Global from C$261.00 to C$279.00 in a research note on Friday, November 8th. BMO Capital Markets raised their price target on shares of WSP Global from C$257.00 to C$280.00 in a research report on Friday, November 8th. Finally, Canaccord Genuity Group increased their target price on shares of WSP Global from C$260.00 to C$275.00 and gave the company a “buy” rating in a report on Tuesday, October 15th. One research analyst has rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of C$275.36.

WSP Global Price Performance

TSE WSP traded up C$5.99 during trading on Monday, hitting C$257.52. 79,241 shares of the company’s stock were exchanged, compared to its average volume of 176,333. The company has a market cap of C$32.11 billion, a PE ratio of 53.87, a P/E/G ratio of 1.09 and a beta of 0.82. The company has a current ratio of 1.13, a quick ratio of 1.04 and a debt-to-equity ratio of 71.81. WSP Global has a fifty-two week low of C$196.00 and a fifty-two week high of C$262.00. The stock’s 50 day moving average price is C$250.30 and its two-hundred day moving average price is C$240.51.

WSP Global Company Profile

WSP Global Inc operates as a professional services consulting firm in the United States, Canada, the United Kingdom, Sweden, Australia, and internationally. It advises, plans, designs, and manages projects for rail, transit, aviation, highways, bridges, tunnels, water, maritime, and urban infrastructure for public and private clients, construction contractors, and other partners.