WSP Global (TSE:WSP) had its price target increased by CIBC from C$89.00 to C$104.00 in a research note issued to investors on Wednesday, BayStreet.CA reports.
Several other brokerages have also recently issued reports on WSP. Canaccord Genuity lifted their target price on shares of WSP Global from C$88.00 to C$95.00 in a research note on Monday. Scotiabank lifted their target price on shares of WSP Global from C$85.00 to C$95.00 in a research note on Wednesday. Raymond James reaffirmed an outperform rating and set a C$90.00 target price on shares of WSP Global in a research note on Wednesday, November 6th. BMO Capital Markets lifted their target price on shares of WSP Global from C$76.00 to C$81.00 in a research note on Thursday, November 7th. Finally, National Bank Financial lifted their target price on shares of WSP Global from C$92.00 to C$98.00 and gave the stock an outperform rating in a research note on Tuesday, January 7th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus price target of C$92.15.
WSP traded down C$0.13 on Wednesday, hitting C$93.97. 96,165 shares of the company’s stock were exchanged, compared to its average volume of 176,732. WSP Global has a fifty-two week low of C$62.56 and a fifty-two week high of C$95.19. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 77.45. The firm has a 50-day moving average price of C$89.04 and a 200-day moving average price of C$79.77. The stock has a market cap of $9.92 billion and a price-to-earnings ratio of 34.27.
In other news, Senior Officer David Langlois sold 2,217 shares of the business’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of C$85.68, for a total transaction of C$189,943.91. Following the transaction, the insider now owns 1,548 shares of the company’s stock, valued at approximately C$132,626.60. Also, Director Birgit Norgaard purchased 1,000 shares of the stock in a transaction dated Thursday, November 14th. The shares were purchased at an average cost of C$86.10 per share, for a total transaction of C$86,100.00. Following the transaction, the director now owns 4,000 shares in the company, valued at approximately C$344,400.
About WSP Global
WSP Global Inc operates as a professional services consulting firm in the United States, Canada, the United Kingdom, Sweden, Australia, Asia, New Zealand, and internationally. The company advises, plans, designs, and manages projects for rail transit, aviation, highway, bridges, tunnels, water, maritime, and urban infrastructure for public and private clients, construction contractors, and partners.
Featured Story: FTSE 100 Index
Receive News & Ratings for WSP Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WSP Global and related companies with MarketBeat.com's FREE daily email newsletter.