WSP Global Inc. (TSE:WSP – Get 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%
WSP Global (TSE:WSP – Get 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
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).
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