WSP Global (TSE:WSP) Price Target Raised to C$305.00 at Canaccord Genuity Group

WSP Global (TSE:WSP) had its price target boosted by stock analysts at Canaccord Genuity Group from C$290.00 to C$305.00 in a research report issued to clients and investors on Friday,BayStreet.CA reports. Canaccord Genuity Group’s target price would indicate a potential upside of 18.06% from the company’s previous close.

Several other equities analysts have also recently weighed in on WSP. CIBC raised their price target on shares of WSP Global from C$293.00 to C$295.00 in a research note on Friday. Royal Bank of Canada boosted their price target on shares of WSP Global from C$261.00 to C$279.00 in a research report on Friday, November 8th. Raymond James raised their price objective on WSP Global from C$270.00 to C$310.00 and gave the company a “strong-buy” rating in a report on Thursday, January 30th. TD Securities upped their target price on WSP Global from C$300.00 to C$305.00 and gave the stock a “buy” rating in a report on Friday, February 14th. Finally, BMO Capital Markets increased their price target on WSP Global from C$284.00 to C$294.00 in a research report on Thursday. One equities research analyst has rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, WSP Global presently has a consensus rating of “Buy” and a consensus price target of C$284.83.

WSP Global Stock Up 1.3 %

Shares of WSP traded up C$3.29 during midday trading on Friday, hitting C$258.34. The stock had a trading volume of 129,182 shares, compared to its average volume of 208,392. The firm has a market cap of C$33.33 billion, a price-to-earnings ratio of 49.37, a price-to-earnings-growth ratio of 1.09 and a beta of 0.82. The company has a 50 day simple moving average of C$251.26 and a two-hundred day simple moving average of C$243.30. WSP Global has a twelve month low of C$201.24 and a twelve month high of C$264.87. The company has a debt-to-equity ratio of 80.45, a current ratio of 1.26 and a quick ratio of 1.04.

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.