WSP Global (TSE:WSP) PT Raised to C$246.00 at BMO Capital Markets

WSP Global (TSE:WSP) had its target price upped by equities research analysts at BMO Capital Markets from C$244.00 to C$246.00 in a research note issued on Wednesday, BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. BMO Capital Markets’ price target points to a potential upside of 15.14% from the stock’s previous close.

Other research analysts have also issued research reports about the company. Stifel Nicolaus boosted their price objective on WSP Global from C$210.00 to C$245.00 and gave the stock a “buy” rating in a report on Friday, March 1st. Royal Bank of Canada boosted their price objective on WSP Global from C$212.00 to C$237.00 and gave the stock an “outperform” rating in a report on Friday, March 1st. ATB Capital boosted their price objective on WSP Global from C$210.00 to C$220.00 and gave the stock a “sector perform” rating in a report on Friday, March 1st. Veritas Investment Research reissued a “buy” rating on shares of WSP Global in a report on Friday, March 1st. Finally, Desjardins boosted their price objective on WSP Global from C$210.00 to C$243.00 and gave the stock a “buy” rating in a report on Friday, March 1st. One equities research analyst has rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of C$236.92.

WSP Global Trading Down 0.3 %

TSE WSP opened at C$213.65 on Wednesday. The stock has a market capitalization of C$26.64 billion, a price-to-earnings ratio of 48.67, a PEG ratio of 1.09 and a beta of 0.80. WSP Global has a one year low of C$166.75 and a one year high of C$230.98. The company has a debt-to-equity ratio of 67.33, a current ratio of 1.15 and a quick ratio of 1.04. The business’s fifty day moving average is C$217.49 and its 200-day moving average is C$199.13.

WSP Global (TSE:WSP) last announced its quarterly earnings data on Wednesday, February 28th. The company reported C$1.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$1.91 by C$0.08. WSP Global had a return on equity of 8.96% and a net margin of 3.81%. The business had revenue of C$3.72 billion for the quarter, compared to analysts’ expectations of C$2.81 billion. Equities research analysts predict that WSP Global will post 7.9537594 EPS for the current year.

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.