WSP Global (TSE:WSP - Get Free Report) had its price target boosted by analysts at BMO Capital Markets from C$298.00 to C$312.00 in a research note issued on Tuesday,BayStreet.CA reports. BMO Capital Markets' price objective suggests a potential upside of 8.58% from the stock's previous close.
A number of other analysts also recently issued reports on the company. TD Securities raised their price objective on WSP Global from C$298.00 to C$307.00 and gave the stock a "buy" rating in a research report on Monday, May 12th. Canaccord Genuity Group lifted their target price on WSP Global from C$300.00 to C$305.00 in a research report on Friday, June 13th. CIBC lifted their target price on WSP Global from C$305.00 to C$317.00 in a research report on Friday, July 18th. Finally, Stifel Nicolaus lifted their target price on WSP Global from C$305.00 to C$317.00 in a research report on Wednesday, July 16th. One analyst has rated the stock with a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of C$288.62.
Read Our Latest Analysis on WSP
WSP Global Stock Performance
WSP Global stock traded up C$0.95 during mid-day trading on Tuesday, hitting C$287.34. The company had a trading volume of 96,743 shares, compared to its average volume of 241,104. 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 12-month low of C$208.35 and a 12-month high of C$289.94. The company's fifty day moving average is C$277.82 and its 200-day moving average is C$258.50. The company has a market capitalization of C$37.07 billion, a price-to-earnings ratio of 54.91, a P/E/G ratio of 1.09 and a beta of 0.82.
Insiders Place Their Bets
In other news, Senior Officer Mark Naysmith sold 6,715 shares of WSP Global stock in a transaction dated Tuesday, May 27th. The stock was sold at an average price of C$281.34, for a total value of C$1,889,184.67. 0.06% of the stock is currently owned by corporate insiders.
About WSP Global
(
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WSP Global Inc provides engineering and design services to clients in the Transportation & Infrastructure, Property and Buildings, Environment, Power and Energy, Resources, and Industry sectors. It also offers strategic advisory services. The firm operates through four reportable segments namely, Canada, Americas ( US and Latin America), EMEIA (Europe, Middle East, India and Africa), and APAC (Asia Pacific, comprising Australia, New Zealand and Asia).
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