CIBC Boosts WSP Global (TSE:WSP) Price Target to C$293.00

WSP Global (TSE:WSP) had its price objective upped by equities researchers at CIBC from C$278.00 to C$293.00 in a report released on Tuesday,BayStreet.CA reports. CIBC’s target price would suggest a potential upside of 15.37% from the company’s previous close.

A number of other equities analysts also recently commented on the stock. BMO Capital Markets boosted their target price on shares of WSP Global from C$257.00 to C$280.00 in a research note on Friday, November 8th. Scotiabank upped their target price on shares of WSP Global from C$279.00 to C$281.00 in a report on Monday, February 10th. TD Securities boosted their price target on shares of WSP Global from C$300.00 to C$305.00 and gave the stock a “buy” rating in a research note on Friday. Raymond James boosted their price target on shares of WSP Global from C$270.00 to C$310.00 and gave the stock a “strong-buy” rating in a research note on Thursday, January 30th. Finally, Royal Bank of Canada boosted their price target on shares of WSP Global from C$261.00 to C$279.00 in a research note on Friday, November 8th. One equities research analyst has rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of C$281.73.

WSP Global Stock Up 1.9 %

Shares of TSE:WSP traded up C$4.74 during trading on Tuesday, hitting C$253.97. The company’s stock had a trading volume of 95,817 shares, compared to its average volume of 197,637. The business has a 50 day moving average price of C$250.38 and a two-hundred day moving average price of C$241.43. The company has a market capitalization of C$32.77 billion, a PE ratio of 48.53, a P/E/G ratio of 1.09 and a beta of 0.82. The company has a debt-to-equity ratio of 80.45, a quick ratio of 1.04 and a current ratio of 1.26. WSP Global has a fifty-two week low of C$201.24 and a fifty-two week high of C$262.00.

WSP Global Company Profile

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.