WSP Global (TSE:WSP) Price Target Raised to C$210.00 at Stifel Nicolaus

WSP Global (TSE:WSP) had its price objective upped by Stifel Nicolaus from C$200.00 to C$210.00 in a research note published on Tuesday morning, BayStreet.CA reports. They currently have a buy rating on the stock.

Other equities analysts have also issued reports about the company. BMO Capital Markets boosted their price target on WSP Global from C$195.00 to C$205.00 in a research report on Thursday, August 10th. TD Securities upped their target price on WSP Global from C$205.00 to C$215.00 and gave the company a buy rating in a research report on Thursday, August 10th. Royal Bank of Canada upped their target price on WSP Global from C$199.00 to C$210.00 and gave the company an outperform rating in a research report on Thursday, August 10th. CIBC upped their target price on WSP Global from C$191.00 to C$204.00 in a research report on Thursday, August 10th. Finally, Scotiabank set a C$216.00 target price on WSP Global and gave the company an outperform rating in a research report on Tuesday, September 5th. One analyst has rated the stock with a sell rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of Moderate Buy and an average target price of C$199.70.

WSP Global Stock Performance

TSE WSP opened at C$191.94 on Tuesday. The firm has a market capitalization of C$23.92 billion, a P/E ratio of 46.47, a P/E/G ratio of 1.09 and a beta of 0.93. WSP Global has a 1-year low of C$143.66 and a 1-year high of C$193.24. The company has a debt-to-equity ratio of 77.28, a current ratio of 1.10 and a quick ratio of 1.04. The business’s 50-day simple moving average is C$182.48 and its 200-day simple moving average is C$177.01.

WSP Global (TSE:WSP) last released its quarterly earnings results on Tuesday, August 8th. The company reported C$1.56 EPS for the quarter, topping the consensus estimate of C$1.51 by C$0.05. The firm had revenue of C$2.74 billion for the quarter, compared to analyst estimates of C$2.59 billion. WSP Global had a return on equity of 9.46% and a net margin of 3.76%. Equities analysts predict that WSP Global will post 7.7661389 EPS for the current year.

WSP Global Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, October 15th. Investors of record on Saturday, September 30th will be paid a dividend of $0.375 per share. The ex-dividend date is Thursday, September 28th. This represents a $1.50 dividend on an annualized basis and a yield of 0.78%. WSP Global’s payout ratio is currently 36.32%.

About WSP Global

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.