TD Securities Increases WSP Global Inc (WSP) Price Target to C$59.00

WSP Global Inc (TSE:WSP) had its target price upped by equities research analysts at TD Securities from C$58.00 to C$59.00 in a report issued on Thursday. The firm presently has a “buy” rating on the stock. TD Securities’ target price would suggest a potential upside of 17.69% from the stock’s current price.

Several other research firms have also recently commented on WSP. CIBC boosted their price target on shares of WSP Global from C$51.00 to C$54.00 in a report on Monday, July 10th. Canaccord Genuity cut shares of WSP Global from a “buy” rating to a “hold” rating in a report on Monday, July 17th. National Bank Financial cut shares of WSP Global from an “outperform overweight” rating to a “sector perform overweight” rating in a report on Wednesday, July 12th. Scotiabank boosted their price target on shares of WSP Global from C$49.00 to C$57.00 and gave the company an “outperform” rating in a report on Thursday, May 11th. Finally, Royal Bank Of Canada boosted their price target on shares of WSP Global from C$52.00 to C$55.00 and gave the company an “outperform” rating in a report on Thursday, May 11th. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of C$53.25.

Shares of WSP Global (WSP) traded down 2.65% on Thursday, hitting $48.80. The company had a trading volume of 105,062 shares. The company has a 50 day moving average of $51.96 and a 200-day moving average of $49.14. The company has a market cap of $4.99 billion and a price-to-earnings ratio of 22.63. WSP Global has a 12-month low of $38.69 and a 12-month high of $55.04.

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WSP Global Company Profile

WSP Global Inc is a professional services company. The Company’s segments are Canada, Americas (US and South America), EMEIA (Europe, Middle East, India and Africa) and APAC (Asia Pacific, including primarily Asia and Australia). It offers services in project delivery and consulting. It offers various project services throughout the project execution phases.

Analyst Recommendations for WSP Global (TSE:WSP)

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