WSP Global (TSE:WSP) had its price objective raised by research analysts at National Bank Financial from C$71.50 to C$75.00 in a report issued on Friday. The firm presently has an “outperform” rating on the stock. National Bank Financial’s target price points to a potential upside of 4.15% from the company’s current price.
Other equities analysts also recently issued reports about the stock. Laurentian boosted their price target on shares of WSP Global from C$81.00 to C$82.50 in a report on Thursday, January 31st. CIBC upped their price objective on shares of WSP Global from C$75.00 to C$77.00 in a report on Thursday, January 31st. Canaccord Genuity upped their price objective on shares of WSP Global from C$70.00 to C$72.00 in a report on Friday. TD Securities upped their price objective on shares of WSP Global from C$75.00 to C$81.00 and gave the company a “buy” rating in a report on Friday. Finally, Desjardins raised shares of WSP Global from a “hold” rating to a “buy” rating in a report on Thursday, January 31st. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of C$76.95.
Shares of TSE:WSP traded up C$1.51 during midday trading on Friday, reaching C$72.01. The company had a trading volume of 94,916 shares, compared to its average volume of 152,407. The company has a debt-to-equity ratio of 34.68, a quick ratio of 1.20 and a current ratio of 1.20. The company has a market capitalization of $7.34 billion and a P/E ratio of 31.79. WSP Global has a 52-week low of C$56.09 and a 52-week high of C$75.42.
WSP Global Inc operates as a professional services company in the United States, Canada, the United Kingdom, Sweden, and internationally. The company's Property & Buildings segment provides technical and management consultancy services, such as structural and mechanical, electrical, and plumbing engineering; and a range of specialist services, including fire engineering, lighting design, vertical transportation, acoustics, intelligent building systems, audiovisual systems, information technology, facade engineering, and green building design.
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