WSP Global (TSE:WSP) Given a C$320.00 Price Target at Stifel Nicolaus

Stifel Nicolaus set a C$320.00 target price on WSP Global (TSE:WSP) in a research note published on Friday morning,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

A number of other research firms also recently issued reports on WSP. TD Securities cut their target price on shares of WSP Global from C$335.00 to C$311.00 and set a “buy” rating on the stock in a research report on Tuesday, February 24th. Desjardins upped their target price on shares of WSP Global from C$346.00 to C$375.00 and gave the company a “buy” rating in a research report on Tuesday, December 23rd. ATB Cormark Capital Markets downgraded shares of WSP Global from a “strong-buy” rating to a “moderate buy” rating in a research report on Friday, February 20th. Scotiabank upped their target price on shares of WSP Global from C$284.00 to C$286.00 and gave the company an “outperform” rating in a research report on Monday, April 13th. Finally, Royal Bank Of Canada upped their target price on shares of WSP Global from C$316.00 to C$325.00 in a research report on Friday, February 27th. One analyst has rated the stock with a Strong Buy rating and nine have issued a Buy rating to the company’s stock. According to MarketBeat.com, WSP Global currently has a consensus rating of “Buy” and a consensus price target of C$323.27.

WSP Global Stock Up 1.0%

Shares of TSE:WSP opened at C$228.93 on Friday. WSP Global has a 12 month low of C$210.86 and a 12 month high of C$291.46. The company’s 50-day moving average price is C$225.55 and its two-hundred day moving average price is C$248.31. The company has a quick ratio of 1.04, a current ratio of 1.27 and a debt-to-equity ratio of 59.38. The firm has a market cap of C$30.86 billion, a P/E ratio of 31.10, a P/E/G ratio of 1.09 and a beta of 0.30.

WSP Global (TSE:WSP) last issued its quarterly earnings data on Wednesday, February 25th. The company reported C$2.65 EPS for the quarter. WSP Global had a net margin of 5.27% and a return on equity of 10.86%. The firm had revenue of C$4.85 billion for the quarter. As a group, research analysts forecast that WSP Global will post 9.5687404 EPS for the current fiscal year.

WSP Global Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 15th were given a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Tuesday, March 31st. WSP Global’s dividend payout ratio (DPR) is currently 20.38%.

WSP Global Company Profile

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).