WSP Global Inc. (TSE:WSP) Receives C$313.42 Average PT from Analysts

WSP Global Inc. (TSE:WSPGet Free Report) has received an average rating of “Buy” from the eleven brokerages that are currently covering the firm, Marketbeat.com reports. Ten analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is C$313.42.

A number of brokerages have commented on WSP. Canadian Imperial Bank of Commerce dropped their price objective on shares of WSP Global from C$328.00 to C$318.00 in a research report on Friday, May 8th. Canaccord Genuity Group lowered their target price on shares of WSP Global from C$345.00 to C$315.00 and set a “buy” rating for the company in a report on Friday, May 8th. National Bank Financial upped their target price on shares of WSP Global from C$268.00 to C$272.00 and gave the company an “outperform” rating in a report on Friday, May 8th. Desjardins lowered their target price on shares of WSP Global from C$375.00 to C$372.00 and set a “buy” rating for the company in a report on Friday, May 8th. Finally, TD lowered their target price on shares of WSP Global from C$308.00 to C$307.00 and set a “buy” rating for the company in a report on Tuesday, April 28th.

Get Our Latest Analysis on WSP

WSP Global Trading Up 1.4%

Shares of WSP stock opened at C$193.59 on Friday. The company has a debt-to-equity ratio of 87.04, a quick ratio of 1.04 and a current ratio of 1.19. The stock has a market capitalization of C$26.10 billion, a P/E ratio of 26.41, a price-to-earnings-growth ratio of 1.09 and a beta of 0.28. The company has a 50 day moving average price of C$220.57 and a 200 day moving average price of C$240.50. WSP Global has a fifty-two week low of C$189.68 and a fifty-two week high of C$291.46.

WSP Global (TSE:WSPGet Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The company reported C$2.21 earnings per share for the quarter. WSP Global had a net margin of 5.23% and a return on equity of 10.39%. The firm had revenue of C$4.55 billion during the quarter. Equities research analysts predict that WSP Global will post 9.5687404 EPS for the current fiscal year.

WSP Global Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 15th were issued a $0.375 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $1.50 annualized dividend and a dividend yield of 0.8%. WSP Global’s dividend payout ratio is presently 20.46%.

About WSP Global

(Get Free Report)

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).

Read More

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.