WSP Global (TSE:WSP - Get Free Report) had its price objective increased by stock analysts at TD Securities from C$298.00 to C$307.00 in a report issued on Monday,BayStreet.CA reports. The firm presently has a "buy" rating on the stock. TD Securities' price objective points to a potential upside of 12.60% from the company's current price.
Other equities research analysts have also recently issued research reports about the stock. UBS Group lifted their price objective on shares of WSP Global from C$274.00 to C$285.00 in a research report on Wednesday, March 5th. BMO Capital Markets lifted their price objective on shares of WSP Global from C$284.00 to C$294.00 in a research report on Thursday, February 27th. Stifel Nicolaus reduced their price objective on shares of WSP Global from C$310.00 to C$300.00 and set a "buy" rating on the stock in a research report on Thursday, April 17th. Canaccord Genuity Group reduced their price objective on shares of WSP Global from C$305.00 to C$300.00 in a research report on Thursday, April 10th. Finally, CIBC lifted their price objective on shares of WSP Global from C$295.00 to C$296.00 in a research report on Thursday, April 17th. One investment analyst has rated the stock with a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, WSP Global has an average rating of "Buy" and a consensus price target of C$283.92.
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WSP Global Stock Performance
Shares of TSE:WSP traded up C$1.55 during mid-day trading on Monday, reaching C$272.65. 152,551 shares of the company traded hands, compared to its average volume of 247,565. WSP Global has a 52 week low of C$201.24 and a 52 week high of C$273.27. The company has a debt-to-equity ratio of 80.45, a current ratio of 1.26 and a quick ratio of 1.04. The firm has a market cap of C$35.18 billion, a PE ratio of 52.10, a PEG ratio of 1.09 and a beta of 0.82. The company's 50 day moving average price is C$246.94 and its 200-day moving average price is C$248.61.
Insider Activity at WSP Global
In other news, Director Macky Tall acquired 2,056 shares of the company's stock in a transaction on Thursday, March 6th. The stock was bought at an average cost of C$243.94 per share, with a total value of C$501,540.64. 0.06% of the stock is currently owned by insiders.
WSP Global Company Profile
(
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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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