WSP Global (TSE:WSP) Price Target Raised to C$307.00 at TD Securities

WSP Global (TSE:WSP - Get Free Report) had its target price upped by stock analysts at TD Securities from C$298.00 to C$307.00 in a note issued to investors on Monday,BayStreet.CA reports. The brokerage currently has a "buy" rating on the stock. TD Securities' price objective points to a potential upside of 17.91% from the company's previous close.

Several other analysts also recently issued reports on the company. Stifel Nicolaus decreased their price target on WSP Global from C$310.00 to C$300.00 and set a "buy" rating for the company in a research note on Thursday, April 17th. Raymond James raised their price target on shares of WSP Global from C$270.00 to C$310.00 and gave the company a "strong-buy" rating in a research report on Thursday, January 30th. Scotiabank upped their price objective on shares of WSP Global from C$281.00 to C$283.00 in a research note on Wednesday, February 19th. UBS Group raised their price objective on shares of WSP Global from C$274.00 to C$285.00 in a research report on Wednesday, March 5th. Finally, CIBC boosted their price objective on shares of WSP Global from C$295.00 to C$296.00 in a research note 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. Based on data from MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of C$283.92.

WSP Global Trading Down 0.8%

Shares of TSE WSP traded down C$1.99 during mid-day trading on Monday, reaching C$260.37. 116,608 shares of the company's stock were exchanged, compared to its average volume of 247,228. The company's 50-day moving average is C$244.99 and its 200-day moving average is C$248.10. The firm has a market capitalization of C$33.59 billion, a price-to-earnings ratio of 49.75, a PEG ratio of 1.09 and a beta of 0.82. WSP Global has a 52-week low of C$201.24 and a 52-week high of C$266.00. The company has a debt-to-equity ratio of 80.45, a quick ratio of 1.04 and a current ratio of 1.26.

Insider Buying and Selling at WSP Global

In related news, Director Macky Tall bought 2,056 shares of the business's stock in a transaction that occurred on Thursday, March 6th. The shares were acquired at an average cost of C$243.94 per share, with a total value of C$501,540.64. Company insiders own 0.06% of the company's stock.

About WSP Global

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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