WSP Global (TSE:WSP) Price Target Lowered to C$369.00 at Desjardins

WSP Global (TSE:WSP) had its price target decreased by Desjardins from C$372.00 to C$369.00 in a research note issued to investors on Friday morning,BayStreet.CA reports. Desjardins currently has a buy rating on the stock.

Several other research analysts have also recently weighed in on WSP. Canaccord Genuity Group cut their price target on shares of WSP Global from C$345.00 to C$315.00 and set a “buy” rating on the stock in a report on Friday, May 8th. ATB Cormark Capital Markets decreased their price target on WSP Global from C$330.00 to C$325.00 and set an “outperform” rating for the company in a research report on Friday. Canadian Imperial Bank of Commerce cut their price objective on WSP Global from C$318.00 to C$266.00 and set an “outperformer” rating on the stock in a research report on Wednesday, July 8th. TD lowered their target price on WSP Global from C$307.00 to C$255.00 and set a “buy” rating on the stock in a research note on Tuesday, July 28th. Finally, Stifel Nicolaus lowered 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. One research analyst has rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the company. Based on data from MarketBeat, WSP Global presently has an average rating of “Buy” and an average price target of C$297.17.

WSP Global Trading Down 1.6%

Shares of WSP Global stock opened at C$189.56 on Friday. The stock has a fifty day simple moving average of C$177.62 and a 200 day simple moving average of C$210.05. WSP Global has a 12-month low of C$156.64 and a 12-month high of C$291.46. The company has a market capitalization of C$25.56 billion, a P/E ratio of 25.86, a price-to-earnings-growth ratio of 1.09 and a beta of 0.19. The company has a current ratio of 1.19, a quick ratio of 1.04 and a debt-to-equity ratio of 87.04.

WSP Global (TSE:WSP) last issued its quarterly earnings data on Wednesday, August 5th. The company reported C$2.88 earnings per share for the quarter. The business had revenue of C$5.40 billion for the quarter. WSP Global had a return on equity of 10.39% and a net margin of 5.23%. On average, sell-side analysts anticipate that WSP Global will post 9.5687404 earnings per share for the current fiscal year.

WSP Global Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 15th were paid a dividend of $0.375 per share. The ex-dividend date was Tuesday, June 30th. This represents a $1.50 annualized dividend and a dividend yield of 0.8%. WSP Global’s dividend payout ratio is presently 20.46%.

Insider Buying and Selling at WSP Global

In other news, Director Pascale Sourisse acquired 364 shares of the firm’s stock in a transaction that occurred on Wednesday, June 24th. The stock was bought at an average price of C$172.02 per share, with a total value of C$62,615.28. Following the acquisition, the director owned 888 shares in the company, valued at C$152,753.76. The trade was a 69.47% increase in their position. Insiders own 0.06% of the company’s stock.

More WSP Global News

Here are the key news stories impacting WSP Global this week:

• Positive Sentiment: WSP reported second-quarter revenue of C$5.40 billion and highlighted accelerating growth, a record backlog and an enhanced financial outlook—indicators of continued demand for its engineering and consulting services. WSP closes Q2 2026 with accelerating growth, record backlog and enhanced financial outlook
• Positive Sentiment: National Bank Financial raised its price target from C$207 to C$219 and maintained an “outperform” rating. BMO Capital Markets also increased its target from C$272 to C$280 while retaining an “outperform” recommendation. Analyst ratings
• Positive Sentiment: Coverage indicated that WSP’s revenue growth is helping ease investor concerns that artificial intelligence could disrupt engineering and professional-services demand. Engineering giant WSP reports revenue growth, defying investor angst around AI
• Neutral Sentiment: Desjardins kept a “buy” rating but reduced its price target from C$372 to C$369. ATB Cormark likewise maintained an “outperform” rating while lowering its target from C$330 to C$325. Both targets still imply substantial upside, but the reductions suggest some caution in near-term valuation assumptions. Analyst ratings
• Negative Sentiment: Second-quarter profit declined despite higher revenue, with reported earnings of C$2.88 per share. The weaker bottom-line result likely contributed to investor selling and overshadowed the company’s operational growth. WSP Global reports lower second-quarter profits as revenue rose

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).