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 Desjardins in a research report issued to clients and investors on Tuesday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Desjardins’ price target suggests a potential upside of 25.24% from the stock’s current price.

A number of other analysts have also commented on the company. TD Securities lifted their price target on WSP Global from C$328.00 to C$330.00 and gave the stock a “buy” rating in a report on Monday, October 27th. Royal Bank Of Canada lowered their target price on WSP Global from C$318.00 to C$316.00 in a research note on Friday, November 7th. National Bankshares increased their price target on shares of WSP Global from C$297.00 to C$299.00 and gave the company an “outperform” rating in a research report on Friday, November 7th. Scotiabank lifted their price objective on shares of WSP Global from C$306.00 to C$308.00 in a research report on Friday, October 17th. Finally, Atb Cap Markets upgraded shares of WSP Global from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 6th. Two research analysts have rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of C$318.42.

WSP Global Stock Up 0.6%

WSP opened at C$244.33 on Tuesday. WSP Global has a fifty-two week low of C$217.42 and a fifty-two week high of C$291.46. The firm has a market capitalization of C$31.91 billion, a P/E ratio of 36.58, a PEG ratio of 1.09 and a beta of 0.51. The company’s 50-day moving average is C$264.87 and its 200 day moving average is C$274.73. 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 quarterly earnings data on Wednesday, November 5th. The company reported C$2.82 earnings per share (EPS) for the quarter. WSP Global had a net margin of 4.24% and a return on equity of 9.84%. The business had revenue of C$4.53 billion during the quarter. Research analysts expect that WSP Global will post 9.5687404 earnings per share for the current fiscal 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).