WSP Global (TSE:WSP) Given New C$160.00 Price Target at ATB Capital

WSP Global (TSE:WSPGet Rating) had its price target lowered by ATB Capital from C$180.00 to C$160.00 in a report published on Friday, Marketbeat reports. The firm currently has a sector perforn rating on the stock.

WSP has been the topic of a number of other reports. BMO Capital Markets lowered their target price on shares of WSP Global from C$186.00 to C$170.00 in a research report on Friday. Canaccord Genuity Group raised their target price on shares of WSP Global from C$190.00 to C$200.00 in a research report on Friday, March 11th. Scotiabank lowered their target price on shares of WSP Global from C$185.00 to C$170.00 in a research report on Thursday. Royal Bank of Canada raised their target price on shares of WSP Global from C$197.00 to C$201.00 and gave the stock an outperform rating in a research report on Friday, March 11th. Finally, National Bank Financial raised WSP Global from a sector perform overweight rating to an outperform overweight rating in a report on Sunday, February 27th. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, WSP Global currently has a consensus rating of Buy and a consensus target price of C$180.64.

WSP Global stock traded down C$0.07 during mid-day trading on Friday, hitting C$134.20. The company had a trading volume of 232,801 shares, compared to its average volume of 182,133. The stock has a market cap of C$15.81 billion and a price-to-earnings ratio of 33.14. WSP Global has a 1 year low of C$130.16 and a 1 year high of C$187.94. The company has a quick ratio of 1.05, a current ratio of 1.15 and a debt-to-equity ratio of 59.96. The business has a fifty day moving average of C$158.21 and a 200 day moving average of C$167.20.

WSP Global (TSE:WSPGet Rating) last announced its quarterly earnings results on Wednesday, March 9th. The company reported C$1.46 EPS for the quarter, beating the consensus estimate of C$1.33 by C$0.13. The company had revenue of C$2.15 billion during the quarter, compared to analysts’ expectations of C$2.08 billion. Equities analysts anticipate that WSP Global will post 6.4299997 earnings per share for the current year.

About WSP Global (Get Rating)

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.

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