WSP Global Inc. (TSE:WSP) Given Average Rating of “Buy” by Brokerages

WSP Global Inc. (TSE:WSPGet Free Report) has earned an average recommendation of “Buy” from the twelve brokerages that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation, ten have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is C$237.08.

A number of equities analysts have recently commented on the stock. Desjardins lifted their price target 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. ATB Capital upped their price target on WSP Global from C$210.00 to C$220.00 and gave the company a “sector perform” rating in a research report on Friday, March 1st. National Bankshares raised their price objective on WSP Global from C$212.00 to C$234.00 and gave the stock an “outperform” rating in a research report on Friday, March 1st. Scotiabank upped their target price on WSP Global from C$239.00 to C$241.00 in a report on Friday, May 10th. Finally, Stifel Nicolaus lowered their price target on shares of WSP Global from C$245.00 to C$235.00 in a report on Friday, May 10th.

Check Out Our Latest Stock Report on WSP

WSP Global Price Performance

WSP Global stock opened at C$207.96 on Friday. The company has a market capitalization of C$25.93 billion, a PE ratio of 46.11, a P/E/G ratio of 1.09 and a beta of 0.82. The company has a current ratio of 1.20, a quick ratio of 1.04 and a debt-to-equity ratio of 70.90. The stock has a 50-day moving average price of C$211.44 and a two-hundred day moving average price of C$204.22. WSP Global has a 12 month low of C$166.75 and a 12 month high of C$230.98.

WSP Global (TSE:WSPGet Free Report) last issued its quarterly earnings data on Wednesday, May 8th. The company reported C$1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$1.48 by C$0.07. WSP Global had a net margin of 3.88% and a return on equity of 9.05%. The business had revenue of C$2.79 billion during the quarter, compared to analyst estimates of C$2.76 billion. Analysts expect that WSP Global will post 8.0954598 EPS for the current year.

WSP Global Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Sunday, June 30th will be paid a $0.375 dividend. The ex-dividend date of this dividend is Friday, June 28th. This represents a $1.50 annualized dividend and a dividend yield of 0.72%. WSP Global’s dividend payout ratio is presently 33.26%.

About WSP Global

(Get Free Report

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.

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Analyst Recommendations for WSP Global (TSE:WSP)

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