BMO Capital Markets Raises WSP Global (TSE:WSP) Price Target to C$284.00

WSP Global (TSE:WSP) had its price objective increased by analysts at BMO Capital Markets from C$280.00 to C$284.00 in a research note issued to investors on Tuesday,BayStreet.CA reports. BMO Capital Markets’ price target indicates a potential upside of 11.82% from the stock’s current price.

Other equities analysts also recently issued reports about the stock. TD Securities raised their target price 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. CIBC boosted their target price on shares of WSP Global from C$278.00 to C$293.00 in a report on Tuesday. Stifel Nicolaus boosted their price objective on shares of WSP Global from C$295.00 to C$310.00 in a research note on Tuesday. Royal Bank of Canada boosted their target price on shares of WSP Global from C$261.00 to C$279.00 in a research report on Friday, November 8th. Finally, Scotiabank upped their price target on shares of WSP Global from C$279.00 to C$281.00 in a report on Monday, February 10th. One analyst has rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, WSP Global has a consensus rating of “Buy” and a consensus price target of C$281.73.

WSP Global Price Performance

Shares of WSP traded up C$4.74 during trading hours on Tuesday, reaching C$253.97. The company had a trading volume of 95,817 shares, compared to its average volume of 197,637. The firm has a 50 day simple moving average of C$250.38 and a 200-day simple moving average of C$241.43. The company has a current ratio of 1.26, a quick ratio of 1.04 and a debt-to-equity ratio of 80.45. The company has a market capitalization of C$32.77 billion, a price-to-earnings ratio of 48.53, a PEG ratio of 1.09 and a beta of 0.82. WSP Global has a 12-month low of C$201.24 and a 12-month 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.