WSP Global (TSE:WSP) Price Target Raised to C$305.00

WSP Global (TSE:WSP - Get Free Report) had its price objective boosted by investment analysts at TD Securities from C$300.00 to C$305.00 in a report issued on Friday,BayStreet.CA reports. The brokerage presently has a "buy" rating on the stock. TD Securities' price target would indicate a potential upside of 19.37% from the stock's current price.

Other analysts also recently issued reports about the company. Scotiabank raised their target price on WSP Global from C$279.00 to C$281.00 in a research note on Monday, February 10th. Raymond James raised their price objective on shares of WSP Global from C$270.00 to C$310.00 and gave the stock a "strong-buy" rating in a research report on Thursday, January 30th. Royal Bank of Canada boosted their target price on shares of WSP Global from C$261.00 to C$279.00 in a report on Friday, November 8th. CIBC cut their price target on shares of WSP Global from C$280.00 to C$278.00 in a report on Monday, February 3rd. Finally, BMO Capital Markets upped their price objective on WSP Global from C$257.00 to C$280.00 in a report on Friday, November 8th. One investment analyst has rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of C$281.73.

WSP Global Price Performance

WSP traded up C$6.27 during trading on Friday, reaching C$255.50. The company's stock had a trading volume of 196,765 shares, compared to its average volume of 200,882. The company has a market cap of C$32.96 billion, a price-to-earnings ratio of 48.82, a PEG ratio of 1.09 and a beta of 0.82. The firm has a fifty day simple moving average of C$250.38 and a two-hundred day simple moving average of C$241.43. WSP Global has a 1 year low of C$201.24 and a 1 year high of C$262.00. The company has a quick ratio of 1.04, a current ratio of 1.26 and a debt-to-equity ratio of 80.45.

About WSP Global

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.