TD Securities Cuts WSP Global (TSE:WSP) Price Target to C$311.00

WSP Global (TSE:WSP) had its price target cut by TD Securities from C$335.00 to C$311.00 in a research note published on Tuesday,BayStreet.CA reports.

A number of other equities research analysts have also issued reports on WSP. Desjardins increased their target price on shares of WSP Global from C$346.00 to C$375.00 and gave the stock a “buy” rating in a report on Tuesday, December 23rd. Royal Bank Of Canada reduced their price objective on WSP Global from C$318.00 to C$316.00 in a research note on Friday, November 7th. National Bank Financial boosted their target price on WSP Global from C$301.00 to C$304.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 23rd. BMO Capital Markets increased their price target on WSP Global from C$335.00 to C$338.00 in a research report on Monday, January 5th. Finally, Scotiabank boosted their price objective on WSP Global from C$318.00 to C$320.00 and gave the stock an “outperform” rating in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating and nine have issued a Buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of C$328.83.

WSP Global Trading Up 5.0%

Shares of WSP opened at C$236.26 on Tuesday. WSP Global has a 12-month low of C$213.18 and a 12-month high of C$291.46. The firm has a market capitalization of C$31.85 billion, a P/E ratio of 35.37, a P/E/G ratio of 1.09 and a beta of 0.47. The firm has a 50-day moving average price of C$252.64 and a 200 day moving average price of C$262.82. The company has a current ratio of 1.26, a quick ratio of 1.04 and a debt-to-equity ratio of 80.45.

About WSP Global

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).