WSP Global Inc. (TSE:WSP) Receives C$323.27 Consensus Target Price from Analysts

Shares of WSP Global Inc. (TSE:WSP) have received a consensus rating of “Buy” from the ten research firms that are presently covering the firm, MarketBeat reports. Nine analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is C$323.27.

A number of equities analysts have recently commented on the company. Raymond James Financial boosted their price target on WSP Global from C$310.00 to C$340.00 in a report on Sunday, January 4th. Desjardins raised their price objective on WSP Global from C$346.00 to C$375.00 and gave the company a “buy” rating in a research note on Tuesday, December 23rd. TD Securities decreased their target price on WSP Global from C$335.00 to C$311.00 and set a “buy” rating on the stock in a research report on Tuesday, February 24th. Stifel Nicolaus set a C$320.00 target price on WSP Global and gave the stock a “buy” rating in a research note on Friday. Finally, BMO Capital Markets increased their target price on shares of WSP Global from C$335.00 to C$338.00 in a report on Monday, January 5th.

WSP Global Stock Performance

TSE WSP opened at C$228.93 on Wednesday. The company has a current ratio of 1.27, a quick ratio of 1.04 and a debt-to-equity ratio of 59.38. The firm has a market capitalization of C$30.86 billion, a price-to-earnings ratio of 31.10, a P/E/G ratio of 1.09 and a beta of 0.30. The firm’s 50 day simple moving average is C$225.55 and its 200 day simple moving average is C$248.31. WSP Global has a 1 year low of C$210.86 and a 1 year high of C$291.46.

WSP Global (TSE:WSP) last announced its quarterly earnings data on Wednesday, February 25th. The company reported C$2.65 EPS for the quarter. WSP Global had a net margin of 5.27% and a return on equity of 10.86%. The business had revenue of C$4.85 billion during the quarter. As a group, research analysts expect that WSP Global will post 9.5687404 earnings per share for the current fiscal year.

WSP Global Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 15th were paid a $0.375 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $1.50 annualized dividend and a yield of 0.7%. WSP Global’s dividend payout ratio is presently 20.38%.

WSP Global Company Profile

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).