National Bank Financial Cuts WSP Global (TSE:WSP) Price Target to C$216.00

WSP Global (TSE:WSP – Free Report) had its price objective cut by National Bank Financial from C$219.00 to C$216.00 in a report released on Wednesday morning,BayStreet reports. They currently have an outperform rating on the stock.

Several other equities research analysts have also recently issued reports on WSP. Scotiabank reduced their price objective on shares of WSP Global from C$286.00 to C$281.00 and set a “sector outperform” rating on the stock in a research report on Friday, July 10th. Scotia dropped their target price on shares of WSP Global from C$281.00 to C$279.00 and set a “sector outperform” rating for the company in a research report on Monday, August 10th. Desjardins cut their target price on shares of WSP Global from C$372.00 to C$369.00 and set a “buy” rating for the company in a research note on Friday, August 7th. BMO Capital Markets lifted their price target on shares of WSP Global from C$272.00 to C$280.00 and gave the company an “outperform” rating in a report on Thursday, August 6th. Finally, Royal Bank Of Canada lifted their price target on shares of WSP Global from C$300.00 to C$304.00 and gave the company an “outperform” rating in a report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating and twelve have given a Buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of C$289.62.

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WSP Global Stock Performance

TSE:WSP opened at C$171.99 on Wednesday. The company has a current ratio of 1.20, a quick ratio of 1.04 and a debt-to-equity ratio of 84.47. WSP Global has a 12-month low of C$156.64 and a 12-month high of C$290.23. The stock has a 50-day moving average price of C$183.95 and a 200 day moving average price of C$193.64. The stock has a market capitalization of C$23.19 billion, a P/E ratio of 24.53, a P/E/G ratio of 1.09 and a beta of 0.30.

WSP Global (TSE:WSP – Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported C$2.88 earnings per share (EPS) for the quarter. WSP Global had a return on equity of 9.52% and a net margin of 4.81%.The company had revenue of C$5.40 billion for the quarter. Equities research analysts forecast that WSP Global will post 9.5687404 EPS for the current fiscal year.

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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Analyst Recommendations for WSP Global (TSE:WSP)

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