Analysts Set WSP Global Inc. (TSE:WSP) PT at C$236.75

WSP Global Inc. (TSE:WSP) has been given a consensus recommendation of “Buy” by the twelve brokerages that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation, ten have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is C$236.92.

Several analysts have commented on the stock. TD Securities raised their price objective on shares of WSP Global from C$220.00 to C$255.00 and gave the stock a “buy” rating in a report on Monday, March 4th. Raymond James upgraded shares of WSP Global from an “outperform” rating to a “strong-buy” rating and lifted their target price for the company from C$215.00 to C$245.00 in a research note on Friday, January 26th. ATB Capital lifted their price target on shares of WSP Global from C$210.00 to C$220.00 and gave the company a “sector perform” rating in a report on Friday, March 1st. Desjardins boosted their target price on shares of WSP Global from C$210.00 to C$243.00 and gave the stock a “buy” rating in a report on Friday, March 1st. Finally, Veritas Investment Research reissued a “buy” rating on shares of WSP Global in a research report on Friday, March 1st.

WSP Global Trading Up 0.2 %

WSP Global stock opened at C$214.23 on Friday. The stock has a market cap of C$26.71 billion, a P/E ratio of 48.80, a PEG ratio of 1.09 and a beta of 0.80. WSP Global has a fifty-two week low of C$166.75 and a fifty-two week high of C$230.98. The firm’s fifty day moving average price is C$217.35 and its 200-day moving average price is C$199.03. The company has a debt-to-equity ratio of 67.33, a quick ratio of 1.04 and a current ratio of 1.15.

WSP Global (TSE:WSP) last released its earnings results on Wednesday, February 28th. The company reported C$1.99 EPS for the quarter, beating analysts’ consensus estimates of C$1.91 by C$0.08. WSP Global had a return on equity of 8.96% and a net margin of 3.81%. The business had revenue of C$3.72 billion for the quarter, compared to analysts’ expectations of C$2.81 billion. Equities research analysts forecast that WSP Global will post 7.9537594 earnings per share for the current fiscal year.

WSP Global Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Sunday, March 31st were paid a dividend of $0.375 per share. The ex-dividend date was Wednesday, March 27th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 0.70%. WSP Global’s dividend payout ratio (DPR) is presently 34.17%.

WSP Global Company Profile

WSP Global Inc operates as a professional services consulting firm in the United States, Canada, the United Kingdom, Sweden, Australia, and internationally. It advises, plans, designs, and manages projects for rail, transit, aviation, highways, bridges, tunnels, water, maritime, and urban infrastructure for public and private clients, construction contractors, and other partners.