TD Securities Forecasts Strong Price Appreciation for WSP Global (TSE:WSP) Stock

WSP Global (TSE:WSP) had its price target hoisted by research analysts at TD Securities from C$330.00 to C$335.00 in a research report issued on Tuesday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. TD Securities’ price target suggests a potential upside of 34.00% from the stock’s current price.

Several other research firms have also commented on WSP. BMO Capital Markets boosted their price target on WSP Global from C$330.00 to C$335.00 in a research report on Thursday, November 6th. Royal Bank Of Canada dropped their price objective on shares of WSP Global from C$318.00 to C$316.00 in a research note on Friday, November 7th. Stifel Nicolaus boosted their target price on shares of WSP Global from C$317.00 to C$350.00 and gave the stock a “buy” rating in a research 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 note on Thursday, November 6th. Finally, Scotiabank lifted their price target on shares of WSP Global from C$308.00 to C$318.00 and gave the stock an “outperform” rating in a research note on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating and nine have given a Buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of C$330.42.

WSP Global Stock Performance

Shares of WSP stock opened at C$250.00 on Tuesday. The company’s fifty day simple moving average is C$255.08 and its 200-day simple moving average is C$271.18. WSP Global has a 52 week low of C$217.42 and a 52 week high of C$291.46. The company has a current ratio of 1.26, a quick ratio of 1.04 and a debt-to-equity ratio of 80.45. The company 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.

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

Trending Headlines about WSP Global

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.

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).