Stifel Nicolaus Boosts WSP Global (TSE:WSP) Price Target to C$310.00

WSP Global (TSE:WSP) had its target price hoisted by equities researchers at Stifel Nicolaus from C$295.00 to C$310.00 in a report released on Tuesday,BayStreet.CA reports. Stifel Nicolaus’ price objective points to a potential upside of 22.06% from the stock’s current price.

WSP has been the subject of several other reports. CIBC dropped their price target on WSP Global from C$280.00 to C$278.00 in a research note on Monday, February 3rd. Royal Bank of Canada upped their price target on WSP Global from C$261.00 to C$279.00 in a research note on Friday, November 8th. Scotiabank increased their target price on WSP Global from C$279.00 to C$281.00 in a research note on Monday, February 10th. TD Securities increased their target price on WSP Global from C$300.00 to C$305.00 and gave the company a “buy” rating in a research note on Friday. Finally, Raymond James increased their target price on WSP Global from C$270.00 to C$310.00 and gave the company a “strong-buy” rating in a research note on Thursday, January 30th. One equities research analyst has rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of C$281.73.

WSP Global Trading Up 1.9 %

TSE WSP traded up C$4.74 during trading hours on Tuesday, hitting C$253.97. 95,817 shares of the company’s stock were exchanged, compared to its average volume of 197,637. The business’s 50 day moving average is C$250.38 and its 200-day moving average is C$241.43. WSP Global has a 12-month low of C$201.24 and a 12-month high of C$262.00. The firm has a market capitalization of C$32.77 billion, a P/E ratio of 48.53, a price-to-earnings-growth ratio of 1.09 and a beta of 0.82. The company has a debt-to-equity ratio of 80.45, a quick ratio of 1.04 and a current ratio of 1.26.

WSP Global Company Profile

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.