WSP Global (TSE:WSP) Given New C$284.00 Price Target at BMO Capital Markets

WSP Global (TSE:WSP - Get Free Report) had its price target raised by investment analysts at BMO Capital Markets from C$280.00 to C$284.00 in a research report issued to clients and investors on Tuesday,BayStreet.CA reports. BMO Capital Markets' target price would suggest a potential upside of 12.63% from the company's previous close.

A number of other equities analysts have also recently issued reports on the stock. Scotiabank boosted their price objective on shares of WSP Global from C$279.00 to C$281.00 in a research report on Monday, February 10th. Royal Bank of Canada boosted their price target on WSP Global from C$261.00 to C$279.00 in a report on Friday, November 8th. Stifel Nicolaus increased their price objective on WSP Global from C$295.00 to C$310.00 in a report on Tuesday. CIBC boosted their target price on WSP Global from C$278.00 to C$293.00 in a research note on Tuesday. Finally, Raymond James raised their price target on WSP Global from C$270.00 to C$310.00 and gave the stock a "strong-buy" rating in a research note on Thursday, January 30th. One investment analyst has rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, WSP Global has a consensus rating of "Buy" and an average target price of C$281.91.

WSP Global Trading Down 0.5 %

Shares of TSE WSP traded down C$1.33 during mid-day trading on Tuesday, hitting C$252.16. The stock had a trading volume of 306,519 shares, compared to its average volume of 202,307. The company has a debt-to-equity ratio of 80.45, a quick ratio of 1.04 and a current ratio of 1.26. WSP Global has a 1 year low of C$201.24 and a 1 year high of C$262.00. The business has a 50 day moving average price of C$250.59 and a two-hundred day moving average price of C$242.19. The firm has a market cap of C$32.53 billion, a P/E ratio of 48.19, a price-to-earnings-growth ratio of 1.09 and a beta of 0.82.

WSP Global Company Profile

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