Desjardins Boosts WSP Global (TSE:WSP) Price Target to C$375.00

WSP Global (TSE:WSP) had its price objective hoisted by research analysts at Desjardins from C$346.00 to C$375.00 in a research note issued to investors on Tuesday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Desjardins’ price objective indicates a potential upside of 50.00% from the company’s current price.

Several other analysts also recently issued reports on the company. BMO Capital Markets boosted their price objective on WSP Global from C$330.00 to C$335.00 in a report on Thursday, November 6th. National Bankshares lifted their target price on shares of WSP Global from C$301.00 to C$304.00 and gave the stock an “outperform” rating in a research report on Tuesday. Stifel Nicolaus boosted their price target on shares of WSP Global from C$317.00 to C$350.00 and gave the company a “buy” rating in a report on Monday, October 6th. Atb Cap Markets upgraded shares of WSP Global from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 6th. Finally, TD Securities lifted their price objective on shares of WSP Global from C$330.00 to C$335.00 and gave the stock a “buy” rating in a research report on Tuesday. Two research analysts have rated the stock with a Strong Buy rating and nine have issued a Buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of C$330.42.

WSP Global Stock Performance

WSP opened at C$250.00 on Tuesday. The company has a quick ratio of 1.04, a current ratio of 1.26 and a debt-to-equity ratio of 80.45. The firm has a market cap of C$32.65 billion, a PE ratio of 37.43, a P/E/G ratio of 1.09 and a beta of 0.53. The business has a fifty day simple moving average of C$255.08 and a 200-day simple moving average of C$271.18. WSP Global has a fifty-two week low of C$217.42 and a fifty-two week high of C$291.46.

WSP Global (TSE:WSP) last announced its earnings results on Wednesday, November 5th. The company reported C$2.82 earnings per share (EPS) for the quarter. WSP Global had a return on equity of 9.84% and a net margin of 4.24%.The company had revenue of C$4.53 billion for the quarter. As a group, equities analysts predict that WSP Global will post 9.5687404 EPS for the current fiscal year.

More WSP Global News

Here are the key news stories impacting WSP Global this week:

• Positive Sentiment: Raymond James raised its price target to C$340 and assigned a “strong‑buy” rating (about a 36% implied upside). Read More.
• Positive Sentiment: Desjardins lifted its target sharply to C$375 and kept a “buy” rating (roughly a 49% implied upside). Read More.
• Positive Sentiment: TD Securities raised its target to C$335 and maintains a “buy” rating (≈33% upside). Read More.
• Positive Sentiment: ATB Capital increased its target to C$330 and kept an “outperform” rating (≈31% upside). Read More.
• Positive Sentiment: Scotiabank bumped its target to C$318 with an “outperform” rating (≈27% upside). Read More.
• Positive Sentiment: National Bankshares raised its target to C$304 and has an “outperform” rating (≈21% upside). Read More.
• Positive Sentiment: Aggregator note: The Globe and Mail published the analyst roundup that captures these updates. Read More.

About WSP Global

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).