National Bankshares Analysts Give WSP Global (TSE:WSP) a C$255.00 Price Target

WSP Global (TSE:WSP) has been assigned a C$255.00 target price by equities research analysts at National Bankshares in a research note issued on Monday, BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bankshares’ price objective would suggest a potential upside of 14.88% from the company’s previous close.

Several other brokerages have also commented on WSP. Desjardins upped their price objective on shares of WSP Global from C$246.00 to C$249.00 and gave the stock a “buy” rating in a report on Thursday, August 1st. Stifel Nicolaus upped their price objective on shares of WSP Global from C$235.00 to C$250.00 and gave the stock a “buy” rating in a report on Thursday, August 1st. Scotiabank upped their price objective on shares of WSP Global from C$239.00 to C$241.00 in a report on Friday, May 10th. Royal Bank of Canada upped their price objective on shares of WSP Global from C$245.00 to C$252.00 and gave the stock an “outperform” rating in a report on Thursday, August 1st. Finally, Canaccord Genuity Group upped their price objective on shares of WSP Global from C$235.00 to C$255.00 and gave the stock a “buy” rating in a report on Wednesday, July 31st. One equities research analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of C$247.25.

WSP Global Price Performance

WSP traded down C$0.11 on Monday, reaching C$221.97. 157,942 shares of the company’s stock were exchanged, compared to its average volume of 177,683. The company has a debt-to-equity ratio of 71.81, a current ratio of 1.13 and a quick ratio of 1.04. The stock has a market cap of C$27.68 billion, a PE ratio of 46.38, a P/E/G ratio of 1.09 and a beta of 0.82. The stock’s fifty day moving average price is C$216.35 and its 200-day moving average price is C$214.29. WSP Global has a twelve month low of C$174.39 and a twelve month high of C$230.98.

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.