WSP Global (TSE:WSP) PT Set at C$306.00 by Desjardins

WSP Global (TSE:WSP) has been assigned a C$306.00 price objective by research analysts at Desjardins in a research report issued to clients and investors on Tuesday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Desjardins’ price target points to a potential upside of 25.81% from the company’s current price.

A number of other brokerages have also weighed in on WSP. BMO Capital Markets boosted their price objective on shares of WSP Global from C$330.00 to C$335.00 in a report on Thursday, November 6th. CIBC reduced their target price on WSP Global from C$349.00 to C$342.00 in a report on Friday, November 7th. National Bankshares upped their price target on WSP Global from C$297.00 to C$299.00 and gave the company an “outperform” rating in a report on Friday, November 7th. Royal Bank Of Canada dropped their price objective on WSP Global from C$318.00 to C$316.00 in a research report on Friday, November 7th. Finally, ATB Capital raised WSP Global from a “sector perform” rating to an “outperform” rating and set a C$305.00 target price for the company in a research report on Friday, November 7th. Two investment analysts have rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of C$318.42.

WSP Global Stock Down 1.0%

WSP stock traded down C$2.55 during trading on Tuesday, hitting C$243.22. 80,451 shares of the stock traded hands, compared to its average volume of 254,901. WSP Global has a 1 year low of C$217.42 and a 1 year high of C$291.46. The firm’s 50 day moving average is C$266.07 and its two-hundred day moving average is C$275.15. The stock has a market cap of C$31.77 billion, a price-to-earnings ratio of 36.41, a price-to-earnings-growth ratio of 1.09 and a beta of 0.51. 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 (TSE:WSP) last issued its earnings results on Wednesday, November 5th. The company reported C$2.82 earnings per share (EPS) for the quarter. The business had revenue of C$4.53 billion during the quarter. WSP Global had a net margin of 4.24% and a return on equity of 9.84%. On average, sell-side analysts anticipate that WSP Global will post 9.5687404 EPS for the current 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).