WSP Global (TSE:WSP) Stock Price Expected to Rise, Scotiabank Analyst Says

WSP Global (TSE:WSP) had its price target upped by equities researchers at Scotiabank from C$281.00 to C$283.00 in a research report issued on Wednesday,BayStreet.CA reports. Scotiabank’s price target points to a potential upside of 11.64% from the stock’s previous close.

Other research analysts also recently issued research reports about the stock. CIBC upped their price objective on shares of WSP Global from C$278.00 to C$293.00 in a report on Tuesday. BMO Capital Markets raised their price target on shares of WSP Global from C$280.00 to C$284.00 in a research report on Tuesday. TD Securities boosted their price objective on WSP Global from C$300.00 to C$305.00 and gave the stock a “buy” rating in a report on Friday, February 14th. Raymond James raised their target price on WSP Global from C$270.00 to C$310.00 and gave the company a “strong-buy” rating in a report on Thursday, January 30th. Finally, Royal Bank of Canada upped their price target on WSP Global from C$261.00 to C$279.00 in a report on Friday, November 8th. One analyst has rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, WSP Global presently has a consensus rating of “Buy” and an average target price of C$281.91.

WSP Global Trading Down 1.1 %

TSE WSP opened at C$253.49 on Wednesday. The company has a quick ratio of 1.04, a current ratio of 1.26 and a debt-to-equity ratio of 80.45. WSP Global has a 52 week low of C$201.24 and a 52 week high of C$262.00. The business has a 50 day moving average price of C$250.56 and a 200-day moving average price of C$242.00. The company has a market cap of C$32.70 billion, a price-to-earnings ratio of 48.44, a P/E/G 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.