WSP Global (TSE:WSP) Given New C$311.00 Price Target at TD Securities

WSP Global (TSE:WSP) had its price target reduced by TD Securities from C$335.00 to C$311.00 in a research report sent to investors on Tuesday,BayStreet.CA reports.

A number of other brokerages have also recently commented on WSP. Canadian Imperial Bank of Commerce decreased their price target on WSP Global from C$349.00 to C$342.00 in a research note on Friday, November 7th. Desjardins lifted their price objective on WSP Global from C$346.00 to C$375.00 and gave the stock a “buy” rating in a research report on Tuesday, December 23rd. ATB Cormark Capital Markets downgraded WSP Global from a “strong-buy” rating to a “moderate buy” rating in a report on Friday, February 20th. BMO Capital Markets raised their price target on WSP Global from C$335.00 to C$338.00 in a research note on Monday, January 5th. Finally, Royal Bank Of Canada reduced their price objective on shares of WSP Global from C$318.00 to C$316.00 in a research report on Friday, November 7th. One research analyst has rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the company’s stock. According to MarketBeat, WSP Global has an average rating of “Buy” and a consensus target price of C$328.83.

WSP Global Stock Up 0.8%

Shares of TSE:WSP opened at C$217.99 on Tuesday. The stock has a market capitalization of C$29.39 billion, a P/E ratio of 32.63, a price-to-earnings-growth ratio of 1.09 and a beta of 0.47. The stock’s 50-day moving average price is C$253.21 and its 200-day moving average price is C$263.28. The company has a current ratio of 1.26, a quick ratio of 1.04 and a debt-to-equity ratio of 80.45. WSP Global has a 12-month low of C$213.18 and a 12-month high of C$291.46.

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).