WSP Global (TSE:WSP) Price Target Raised to C$286.00
by Doug Wharley · The Cerbat GemWSP Global (TSE:WSP – Free Report) had its price objective boosted by Scotiabank from C$284.00 to C$286.00 in a research note published on Monday morning,BayStreet.CA reports. They currently have an outperform rating on the stock.
WSP has been the subject of a number of other reports. Raymond James Financial lifted their price target on shares of WSP Global from C$310.00 to C$340.00 in a research note on Sunday, January 4th. National Bank Financial cut their price target on shares of WSP Global from C$309.00 to C$268.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 8th. Canadian Imperial Bank of Commerce cut their price target on shares of WSP Global from C$343.00 to C$328.00 in a research note on Thursday, April 9th. TD Securities cut their price target on shares of WSP Global from C$335.00 to C$311.00 and set a “buy” rating on the stock in a research note on Tuesday, February 24th. Finally, BMO Capital Markets lifted their price target on shares of WSP Global from C$335.00 to C$338.00 in a research note on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating and nine have issued a Buy rating to the company’s stock. According to data from MarketBeat, WSP Global currently has a consensus rating of “Buy” and an average price target of C$323.27.
Read Our Latest Stock Report on WSP Global
WSP Global Price Performance
WSP Global stock opened at C$228.30 on Monday. The company has a fifty day simple moving average of C$226.95 and a 200-day simple moving average of C$248.76. The stock has a market cap of C$30.78 billion, a P/E ratio of 31.02, a price-to-earnings-growth ratio of 1.09 and a beta of 0.30. WSP Global has a 12-month low of C$210.86 and a 12-month high of C$291.46. The company has a current ratio of 1.27, a quick ratio of 1.04 and a debt-to-equity ratio of 59.38.
WSP Global (TSE:WSP – Get Free Report) last announced its quarterly earnings results on Wednesday, February 25th. The company reported C$2.65 earnings per share (EPS) for the quarter. The firm had revenue of C$4.85 billion during the quarter. WSP Global had a return on equity of 10.86% and a net margin of 5.27%. Equities analysts expect that WSP Global will post 9.5687404 EPS 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 issued a dividend of $0.375 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $1.50 dividend on an annualized basis and a yield of 0.7%. WSP Global’s payout ratio is currently 20.38%.
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).