WSP Global (WSP) Price Target Raised to C$84.00

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WSP Global (TSE:WSP) had its target price upped by TD Securities from C$81.00 to C$84.00 in a report released on Wednesday, BayStreet.CA reports. The firm currently has a buy rating on the stock.

Several other research firms have also weighed in on WSP. CIBC increased their price objective on shares of WSP Global from C$75.00 to C$77.00 in a research note on Thursday, January 31st. Desjardins upgraded shares of WSP Global from a hold rating to a buy rating in a research note on Thursday, January 31st. Laurentian raised their price target on shares of WSP Global from C$81.00 to C$82.50 in a research note on Thursday, January 31st. National Bank Financial raised their price target on shares of WSP Global from C$71.50 to C$75.00 and gave the company an outperform rating in a research note on Friday, March 15th. Finally, Royal Bank of Canada raised their price target on shares of WSP Global from C$80.00 to C$82.00 and gave the company an outperform rating in a research note on Friday, March 15th. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus target price of C$78.72.

WSP opened at C$73.79 on Wednesday. The stock has a market cap of $7.69 billion and a P/E ratio of 31.00. WSP Global has a fifty-two week low of C$56.09 and a fifty-two week high of C$75.42. The company has a current ratio of 1.24, a quick ratio of 1.20 and a debt-to-equity ratio of 46.77.

WSP Global (TSE:WSP) last released its quarterly earnings data on Thursday, March 14th. The company reported C$0.57 earnings per share for the quarter, missing the consensus estimate of C$0.87 by C($0.30). The company had revenue of C$1.54 billion for the quarter, compared to analysts’ expectations of C$1.52 billion. Sell-side analysts predict that WSP Global will post 4.16999976899487 earnings per share for the current fiscal year.

WSP Global Company Profile

WSP Global Inc operates as a professional services consulting firm in the United States, Canada, the United Kingdom, Sweden, Australia, Asia, New Zealand, and internationally. The company advises, plans, designs, and manages projects for rail transit, aviation, highway, bridges, tunnels, water, maritime, and urban infrastructure for public and private clients, construction contractors, and partners.

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Analyst Recommendations for WSP Global (TSE:WSP)

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