WSP Global (TSE:WSP) Stock Price Expected to Rise, BMO Capital Markets Analyst Says

WSP Global (TSE:WSP) had its target price hoisted by BMO Capital Markets from C$280.00 to C$284.00 in a research report issued on Tuesday,BayStreet.CA reports. BMO Capital Markets’ price target would indicate a potential upside of 10.76% from the company’s current price.

Several other brokerages also recently issued reports on WSP. TD Securities increased their price objective on WSP Global from C$300.00 to C$305.00 and gave the stock a “buy” rating in a research note on Friday, February 14th. Raymond James increased their price objective on WSP Global from C$270.00 to C$310.00 and gave the stock a “strong-buy” rating in a research note on Thursday, January 30th. Stifel Nicolaus increased their price objective on WSP Global from C$295.00 to C$310.00 in a research note on Tuesday. Scotiabank increased their price objective on WSP Global from C$279.00 to C$281.00 in a research note on Monday, February 10th. Finally, Royal Bank of Canada raised their price target on WSP Global from C$261.00 to C$279.00 in a research note on Friday, November 8th. One research 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 stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of C$281.91.

WSP Global Stock Up 0.4 %

Shares of WSP Global stock opened at C$256.40 on Tuesday. The stock has a 50-day moving average price of C$250.54 and a 200 day moving average price of C$241.83. The company has a market cap of C$33.08 billion, a P/E ratio of 49.00, a P/E/G ratio of 1.09 and a beta of 0.82. The company has a current ratio of 1.26, a quick ratio of 1.04 and a debt-to-equity ratio of 80.45. WSP Global has a 1 year low of C$201.24 and a 1 year high of C$262.00.

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.