WSP Global (TSE:WSP) PT Set at C$320.00 by Stifel Nicolaus

WSP Global (TSE:WSP) received a C$320.00 price objective from equities researchers at Stifel Nicolaus in a research report issued on Friday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Stifel Nicolaus’ target price suggests a potential upside of 39.78% from the company’s current price.

Other analysts have also issued research reports about the stock. National Bank Financial dropped their price objective on shares of WSP Global from C$309.00 to C$268.00 and set an “outperform” rating for the company in a report on Wednesday, April 8th. Raymond James Financial raised their price objective on shares of WSP Global from C$310.00 to C$340.00 in a report on Sunday, January 4th. Canadian Imperial Bank of Commerce dropped their price objective on shares of WSP Global from C$343.00 to C$328.00 in a report on Thursday, April 9th. BMO Capital Markets raised their price objective on shares of WSP Global from C$335.00 to C$338.00 in a report on Monday, January 5th. Finally, Royal Bank Of Canada raised their price target on shares of WSP Global from C$316.00 to C$325.00 in a report on Friday, February 27th. One research analyst has rated the stock with a Strong Buy rating and nine have given a Buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of C$323.27.

WSP Global Stock Performance

TSE WSP opened at C$228.93 on Friday. The firm has a market cap of C$30.86 billion, a price-to-earnings ratio of 31.10, a PEG ratio of 1.09 and a beta of 0.30. The company has a 50 day moving average of C$225.55 and a 200-day moving average of C$248.14. The company has a current ratio of 1.27, a quick ratio of 1.04 and a debt-to-equity ratio of 59.38. WSP Global has a 1-year low of C$210.86 and a 1-year high of C$291.46.

WSP Global (TSE:WSP) last posted its quarterly earnings data on Wednesday, February 25th. The company reported C$2.65 earnings per share for the quarter. The company had revenue of C$4.85 billion during the quarter. WSP Global had a net margin of 5.27% and a return on equity of 10.86%. On average, equities 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).