Royal Bank of Canada Raises WSP Global (WSP) Price Target to C$82.00

WSP Global (TSE:WSP) had its target price upped by Royal Bank of Canada from C$80.00 to C$82.00 in a research report released on Friday morning. Royal Bank of Canada currently has an outperform rating on the stock.

WSP has been the topic of a number of other reports. CIBC raised shares of WSP Global from a neutral rating to an outperform rating and raised their price objective for the company from C$70.00 to C$75.00 in a research note on Tuesday, January 15th. Canaccord Genuity raised their price objective on shares of WSP Global from C$70.00 to C$72.00 in a research note on Friday. Desjardins raised shares of WSP Global from a hold rating to a buy rating in a research note on Thursday, January 31st. TD Securities raised their price objective on shares of WSP Global from C$75.00 to C$81.00 and gave the company a buy rating in a research note on Friday. Finally, BMO Capital Markets dropped their price objective on shares of WSP Global from C$74.00 to C$72.00 and set a market perform rating on the stock in a research note on Thursday, January 31st. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. WSP Global presently has an average rating of Buy and an average price target of C$76.95.

WSP Global stock opened at C$71.42 on Friday. WSP Global has a 1-year low of C$56.09 and a 1-year high of C$75.42. The firm has a market capitalization of $7.44 billion and a price-to-earnings ratio of 30.01. The company has a debt-to-equity ratio of 46.77, a quick ratio of 1.24 and a current ratio of 1.24.

About WSP Global

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.

Featured Article: What is the Difference Between Common Shares and Convertible Shares?

Analyst Recommendations for WSP Global (TSE:WSP)

Receive News & Ratings for WSP Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WSP Global and related companies with MarketBeat.com's FREE daily email newsletter.