WSP Global (WSP) Price Target Raised to C$81.00 at CIBC

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WSP Global (TSE:WSP) had its price objective upped by equities researchers at CIBC from C$77.00 to C$81.00 in a note issued to investors on Friday. CIBC’s target price would suggest a potential upside of 12.55% from the stock’s current price.

WSP has been the subject of a number of other reports. BMO Capital Markets decreased their price target on WSP Global from C$74.00 to C$72.00 and set a “market perform” rating for the company in a research note on Thursday, January 31st. Laurentian increased their price target on WSP Global from C$81.00 to C$82.50 in a research note on Thursday, January 31st. Finally, Desjardins raised WSP Global from a “hold” rating to a “buy” rating in a research note on Thursday, January 31st. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of C$76.95.

TSE WSP traded up C$1.47 on Friday, reaching C$71.97. 92,409 shares of the stock traded hands, compared to its average volume of 152,269. The company has a debt-to-equity ratio of 34.68, a quick ratio of 1.20 and a current ratio of 1.20. The firm has a market cap of $7.34 billion and a P/E ratio of 31.79. WSP Global has a 12 month low of C$56.09 and a 12 month high of C$75.42.

WSP Global Company Profile

WSP Global Inc operates as a professional services company in the United States, Canada, the United Kingdom, Sweden, and internationally. The company's Property & Buildings segment provides technical and management consultancy services, such as structural and mechanical, electrical, and plumbing engineering; and a range of specialist services, including fire engineering, lighting design, vertical transportation, acoustics, intelligent building systems, audiovisual systems, information technology, facade engineering, and green building design.

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Analyst Recommendations for WSP Global (TSE:WSP)

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