WSP Global (TSE:WSP) Given New C$313.00 Price Target at Desjardins

Key Points

• Desjardins raised its price target for WSP Global from C$301.00 to C$313.00, indicating an estimated upside of 11.22% from the current price, while maintaining a "buy" rating.
• WSP Global shares increased by 2.5% to C$281.42 during mid-day trading, with a market capitalization of C$36.31 billion.
• Research analysts have shown strong positive sentiment towards the stock, with nine analysts

WSP Global (TSE:WSP - Get Free Report) had its price objective raised by research analysts at Desjardins from C$301.00 to C$313.00 in a report issued on Friday,BayStreet.CA reports. The firm presently has a "buy" rating on the stock. Desjardins' target price would indicate a potential upside of 10.78% from the stock's previous close. Desjardins also issued estimates for WSP Global's Q3 2025 earnings at $2.64 EPS.

WSP has been the topic of a number of other research reports. CIBC upped their price objective on WSP Global from C$305.00 to C$317.00 in a research note on Friday, July 18th. Stifel Nicolaus increased their price target on WSP Global from C$305.00 to C$317.00 in a research note on Wednesday, July 16th. TD Securities upped their price objective on WSP Global from C$298.00 to C$307.00 and gave the company a "buy" rating in a report on Monday, May 12th. National Bankshares upped their price objective on WSP Global from C$292.00 to C$297.00 in a report on Friday, August 8th. Finally, BMO Capital Markets upped their price objective on WSP Global from C$312.00 to C$324.00 in a report on Thursday, August 7th. One analyst has rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, WSP Global currently has a consensus rating of "Buy" and a consensus price target of C$304.69.

WSP Global Stock Down 0.2%

Shares of WSP Global stock traded down C$0.45 on Friday, reaching C$282.53. 24,499 shares of the company were exchanged, compared to its average volume of 235,909. WSP Global has a one year low of C$216.37 and a one year high of C$289.94. The company has a market capitalization of C$36.45 billion, a price-to-earnings ratio of 53.99, a PEG ratio of 1.09 and a beta of 0.82. The company has a current ratio of 1.26, a quick ratio of 1.04 and a debt-to-equity ratio of 80.45. The company has a 50-day moving average of C$279.25 and a 200 day moving average of C$261.78.

Insider Transactions at WSP Global

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 transaction of C$1,889,184.67. 0.06% of the stock is currently owned by corporate insiders.

WSP Global Company Profile

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).