WSP Global (TSE:WSP) Price Target Raised to C$293.00 at CIBC

WSP Global (TSE:WSP) had its price target raised by CIBC from C$278.00 to C$293.00 in a research report issued to clients and investors on Tuesday,BayStreet.CA reports. CIBC’s price objective suggests a potential upside of 15.37% from the company’s current price.

Other analysts also recently issued reports about the stock. Scotiabank boosted their target price on shares of WSP Global from C$279.00 to C$281.00 in a research report on Monday, February 10th. TD Securities increased their price target on shares of WSP Global from C$300.00 to C$305.00 and gave the company a “buy” rating in a report on Friday. Raymond James increased their price target on shares of 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. BMO Capital Markets increased their price objective on shares of WSP Global from C$257.00 to C$280.00 in a research note on Friday, November 8th. Finally, Royal Bank of Canada increased their target price on shares of WSP Global from C$261.00 to C$279.00 in a research 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 MarketBeat, WSP Global currently has a consensus rating of “Buy” and an average price target of C$281.73.

WSP Global Trading Up 1.9 %

Shares of WSP stock traded up C$4.74 during trading hours on Tuesday, reaching C$253.97. 95,817 shares of the stock traded hands, compared to its average volume of 197,637. The firm has a market capitalization of C$32.77 billion, a PE ratio of 48.53, 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. The business has a fifty day moving average price of C$250.38 and a 200 day moving average price of C$241.43. WSP Global has a 1-year low of C$201.24 and a 1-year high of C$262.00.

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.