WSP Global (TSE:WSP) Given New C$135.00 Price Target at ATB Capital

WSP Global (TSE:WSP) had its price target boosted by ATB Capital from C$126.00 to C$135.00 in a research report issued to clients and investors on Friday, Analyst Price Targets reports. The brokerage presently has a “na” rating on the stock. ATB Capital’s price objective points to a potential downside of 2.63% from the company’s previous close.

Other analysts have also recently issued reports about the stock. Scotiabank increased their target price on shares of WSP Global from C$125.00 to C$140.00 in a report on Friday. National Bank Financial reissued an “outperform” rating and set a C$133.00 target price on shares of WSP Global in a report on Friday, January 15th. Laurentian cut shares of WSP Global from a “buy” rating to a “hold” rating and increased their target price for the stock from C$126.00 to C$153.00 in a report on Friday. Royal Bank of Canada increased their price objective on shares of WSP Global from C$139.00 to C$148.00 and gave the stock an “outperform” rating in a report on Friday. Finally, Raymond James reaffirmed an “outperform” rating and issued a C$145.00 price objective on shares of WSP Global in a report on Thursday. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. WSP Global presently has a consensus rating of “Buy” and a consensus price target of C$142.91.

WSP opened at C$138.65 on Friday. The stock has a market capitalization of C$15.74 billion and a PE ratio of 55.46. The firm’s fifty day moving average price is C$125.55 and its 200 day moving average price is C$115.41. The company has a debt-to-equity ratio of 39.02, a current ratio of 1.04 and a quick ratio of 0.95. WSP Global has a 12-month low of C$80.73 and a 12-month high of C$141.02.

WSP Global (TSE:WSP) last issued its earnings results on Wednesday, February 24th. The company reported C$0.71 earnings per share for the quarter, missing the Zacks’ consensus estimate of C$0.86 by C($0.15). The business had revenue of C$1.69 billion for the quarter, compared to the consensus estimate of C$1.72 billion. On average, equities research analysts forecast that WSP Global will post 4.7399998 earnings per share for the current fiscal year.

About WSP Global

WSP Global Inc operates as a professional services consulting firm in the United States, Canada, the United Kingdom, Sweden, Europe, the Middle East, India, Africa, Australia, Asia, New Zealand, and internationally. The company 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.

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Analyst Recommendations for WSP Global (TSE:WSP)

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