Raymond James Financial Issues Positive Forecast for WSP Global (TSE:WSP) Stock Price

WSP Global (TSE:WSP) had its price target raised by Raymond James Financial from C$310.00 to C$340.00 in a research note published on Monday,BayStreet.CA reports.

A number of other equities analysts also recently commented on the stock. CIBC reduced their target price on shares of WSP Global from C$349.00 to C$342.00 in a report on Friday, November 7th. Stifel Nicolaus lifted their price objective on shares of WSP Global from C$317.00 to C$350.00 and gave the stock a “buy” rating in a research report on Monday, October 6th. Scotiabank boosted their price objective on shares of WSP Global from C$308.00 to C$318.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 23rd. 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. Finally, National Bankshares lifted their price target on shares of WSP Global from C$301.00 to C$304.00 and gave the stock an “outperform” rating in a report on Tuesday, December 23rd. Two research analysts have rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of C$330.42.

WSP Global Stock Down 0.1%

WSP Global stock opened at C$249.75 on Monday. The company has a quick ratio of 1.04, a current ratio of 1.26 and a debt-to-equity ratio of 80.45. The firm has a market cap of C$33.67 billion, a P/E ratio of 37.39, a P/E/G ratio of 1.09 and a beta of 0.53. The business has a fifty day moving average of C$253.36 and a two-hundred day moving average of C$270.66. WSP Global has a twelve month low of C$217.42 and a twelve month high of C$291.46.

WSP Global (TSE:WSP) last announced its quarterly earnings results on Wednesday, November 5th. The company reported C$2.82 earnings per share (EPS) for the quarter. The business had revenue of C$4.53 billion for the quarter. WSP Global had a return on equity of 9.84% and a net margin of 4.24%. On average, analysts forecast that WSP Global will post 9.5687404 earnings per share for the current fiscal 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).