WSP Global (TSE:WSP) Sets New 12-Month High at $75.73
Shares of WSP Global Inc (TSE:WSP) reached a new 52-week high on Friday . The stock traded as high as C$75.73 and last traded at C$75.60, with a volume of 52247 shares traded. The stock had previously closed at C$74.66.
Several research analysts have recently weighed in on WSP shares. TD Securities lifted their price objective on WSP Global from C$84.00 to C$86.00 and gave the stock a “buy” rating in a research report on Friday, August 9th. Raymond James set a C$86.00 price objective on WSP Global and gave the stock an “outperform” rating in a research report on Thursday, September 5th. Royal Bank of Canada lifted their price objective on WSP Global from C$87.00 to C$88.00 and gave the stock an “outperform” rating in a research report on Friday, August 9th. CIBC lifted their price objective on WSP Global from C$81.00 to C$84.00 in a research report on Friday, August 9th. Finally, BMO Capital Markets boosted their target price on WSP Global from C$74.00 to C$76.00 in a research report on Friday, August 9th. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of C$81.69.
The firm has a market capitalization of $7.84 billion and a P/E ratio of 27.93. The business has a 50-day moving average of C$72.46 and a 200 day moving average of C$72.05. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 84.39.
WSP Global Company Profile (TSE:WSP)
WSP Global Inc operates as a professional services consulting firm in the United States, Canada, the United Kingdom, Sweden, Australia, Asia, New Zealand, and internationally. The company advises, plans, designs, and manages projects for rail transit, aviation, highway, bridges, tunnels, water, maritime, and urban infrastructure for public and private clients, construction contractors, and partners.
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