TD Securities Boosts WSP Global (TSE:WSP) Price Target to C$305.00

WSP Global (TSE:WSP) had its price target increased by investment analysts at TD Securities from C$300.00 to C$305.00 in a note issued to investors on Friday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. TD Securities’ target price points to a potential upside of 21.48% from the company’s previous close.

A number of other analysts also recently weighed in on the stock. Scotiabank upped their target price on shares of WSP Global from C$279.00 to C$281.00 in a research report on Monday. CIBC dropped their price target on shares of WSP Global from C$280.00 to C$278.00 in a research note on Monday, February 3rd. BMO Capital Markets upped their price target on shares of WSP Global from C$257.00 to C$280.00 in a research note on Friday, November 8th. Raymond James upped their price target on shares of 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. Finally, Royal Bank of Canada upped their target price on shares of WSP Global from C$261.00 to C$279.00 in a research note on Friday, November 8th. One investment analyst has rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, WSP Global presently has a consensus rating of “Buy” and an average target price of C$277.73.

WSP Global Stock Down 2.7 %

Shares of TSE:WSP traded down C$6.96 during midday trading on Friday, reaching C$251.06. The company’s stock had a trading volume of 138,010 shares, compared to its average volume of 196,859. The firm has a 50 day moving average of C$250.53 and a 200-day moving average of C$240.88. The firm has a market capitalization of C$32.39 billion, a P/E ratio of 47.98, a PEG ratio of 1.09 and a beta of 0.82. 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 12-month low of C$201.24 and a 12-month high of C$262.00.

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.