Brokerages Set WSP Global Inc. (TSE:WSP) PT at C$318.42

Shares of WSP Global Inc. (TSE:WSP) have earned an average recommendation of “Buy” from the ten ratings firms that are currently covering the company, MarketBeat reports. Eight analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is C$321.75.

WSP has been the subject of a number of analyst reports. Atb Cap Markets raised shares of WSP Global from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 6th. ATB Capital upgraded WSP Global from a “sector perform” rating to an “outperform” rating and set a C$305.00 price objective on the stock in a research note on Friday, November 7th. National Bankshares increased their target price on WSP Global from C$297.00 to C$299.00 and gave the stock an “outperform” rating in a report on Friday, November 7th. TD Securities boosted their price target on WSP Global from C$328.00 to C$330.00 and gave the company a “buy” rating in a research note on Monday, October 27th. Finally, Scotiabank increased their price objective on WSP Global from C$306.00 to C$308.00 in a research note on Friday, October 17th.

WSP Global Stock Down 0.3%

Shares of WSP stock opened at C$241.34 on Thursday. The business’s fifty day moving average is C$260.41 and its 200-day moving average is C$273.01. WSP Global has a 1 year low of C$217.42 and a 1 year high of C$291.46. The company has a debt-to-equity ratio of 80.45, a quick ratio of 1.04 and a current ratio of 1.26. The stock has a market cap of C$31.52 billion, a PE ratio of 36.13, a price-to-earnings-growth ratio of 1.09 and a beta of 0.53.

WSP Global (TSE:WSP) last announced its quarterly earnings data on Wednesday, November 5th. The company reported C$2.82 EPS for the quarter. The company had revenue of C$4.53 billion during the quarter. WSP Global had a return on equity of 9.84% and a net margin of 4.24%. Equities analysts expect that WSP Global will post 9.5687404 earnings per share for the current fiscal year.

WSP Global Company Profile

WSP Global Inc provides engineering and design services to clients in the Transportation & Infrastructure, Property and Buildings, Environment, Power and Energy, Resources, and Industry sectors. It also offers strategic advisory services. The firm operates through four reportable segments namely, Canada, Americas ( US and Latin America), EMEIA (Europe, Middle East, India and Africa), and APAC (Asia Pacific, comprising Australia, New Zealand and Asia).