Analysts Set WSP Global Inc. (TSE:WSP) PT at C$313.42

WSP Global Inc. (TSE:WSP) has received a consensus rating of “Buy” from the eleven ratings firms that are currently covering the firm, MarketBeat.com reports. Ten equities research analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is C$313.42.

Several analysts recently issued reports on WSP shares. TD cut their price target on WSP Global from C$308.00 to C$307.00 and set a “buy” rating on the stock in a report on Tuesday, April 28th. Desjardins cut their target price on WSP Global from C$375.00 to C$372.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. National Bank Financial lifted their target price on WSP Global from C$268.00 to C$272.00 and gave the company an “outperform” rating in a research note on Friday, May 8th. Stifel Nicolaus cut their target price on WSP Global from C$320.00 to C$280.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. Finally, Royal Bank Of Canada lifted their target price on WSP Global from C$316.00 to C$325.00 in a research note on Friday, February 27th.

WSP Global Trading Down 2.3%

Shares of TSE WSP opened at C$182.48 on Thursday. The company has a market cap of C$24.60 billion, a price-to-earnings ratio of 24.89, a price-to-earnings-growth ratio of 1.09 and a beta of 0.20. WSP Global has a 12-month low of C$180.81 and a 12-month high of C$291.46. The company has a current ratio of 1.19, a quick ratio of 1.04 and a debt-to-equity ratio of 87.04. The stock’s 50 day simple moving average is C$210.27 and its 200 day simple moving average is C$232.28.

WSP Global (TSE:WSP) last announced its quarterly earnings results on Wednesday, May 6th. The company reported C$2.21 earnings per share (EPS) for the quarter. The business had revenue of C$4.55 billion for the quarter. WSP Global had a return on equity of 10.39% and a net margin of 5.23%. Equities research analysts expect that WSP Global will post 9.5687404 EPS for the current year.

WSP Global Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 15th were paid a dividend of $0.375 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $1.50 annualized dividend and a yield of 0.8%. WSP Global’s 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).