Analysts Set WSP Global Inc. (TSE:WSP) PT at C$318.42

WSP Global Inc. (TSE:WSP) has earned an average rating of “Buy” from the ten analysts that are covering the stock, MarketBeat reports. Eight equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is C$318.42.

A number of equities research analysts have weighed in on WSP shares. Scotiabank raised their price objective on WSP Global from C$306.00 to C$308.00 in a research note on Friday, October 17th. Stifel Nicolaus increased their target price on WSP Global from C$317.00 to C$350.00 and gave the company a “buy” rating in a research note on Monday, October 6th. TD Securities upped their price target on shares of WSP Global from C$328.00 to C$330.00 and gave the company a “buy” rating in a report on Monday, October 27th. Canaccord Genuity Group increased their price objective on shares of WSP Global from C$305.00 to C$335.00 and gave the company a “buy” rating in a research note on Wednesday, July 30th. Finally, Atb Cap Markets raised shares of WSP Global from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 6th.

WSP Global Price Performance

Shares of WSP Global stock opened at C$246.09 on Friday. The business’s fifty day moving average price is C$273.87 and its 200 day moving average price is C$276.17. WSP Global has a twelve month low of C$217.42 and a twelve month high of C$291.46. 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 has a market capitalization of C$32.14 billion, a P/E ratio of 36.84, a PEG ratio of 1.09 and a beta of 0.51.

WSP Global (TSE:WSP) last released its quarterly earnings data on Wednesday, November 5th. The company reported C$2.17 earnings per share (EPS) for the quarter. WSP Global had a net margin of 4.24% and a return on equity of 9.84%. The company had revenue of C$4.53 billion during the quarter. As a group, research analysts anticipate that WSP Global will post 9.5687404 earnings per share 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).