WSP Global (TSE:WSP) PT Raised to C$246.00 at BMO Capital Markets

WSP Global (TSE:WSP) had its target price lifted by BMO Capital Markets from C$244.00 to C$246.00 in a research note published on Wednesday morning, BayStreet.CA reports. BMO Capital Markets currently has an outperform rating on the stock.

WSP has been the subject of a number of other research reports. Royal Bank of Canada raised their price objective on WSP Global from C$212.00 to C$237.00 and gave the company an outperform rating in a research report on Friday, March 1st. National Bankshares increased their price target on shares of WSP Global from C$212.00 to C$234.00 and gave the company an outperform rating in a report on Friday, March 1st. Stifel Nicolaus increased their price target on shares of WSP Global from C$210.00 to C$245.00 and gave the company a buy rating in a report on Friday, March 1st. Desjardins increased their price target on shares of WSP Global from C$210.00 to C$243.00 and gave the company a buy rating in a report on Friday, March 1st. Finally, Raymond James raised shares of WSP Global from an outperform rating to a strong-buy rating and increased their price target for the company from C$215.00 to C$245.00 in a report on Friday, January 26th. One equities research analyst has rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, WSP Global presently has a consensus rating of Buy and an average price target of C$236.92.

WSP Global Trading Up 0.0 %

Shares of WSP Global stock opened at C$213.72 on Wednesday. The firm has a market cap of C$26.64 billion, a price-to-earnings ratio of 48.68, a PEG ratio of 1.09 and a beta of 0.80. The business has a 50-day moving average price of C$217.61 and a 200-day moving average price of C$199.31. The company has a quick ratio of 1.04, a current ratio of 1.15 and a debt-to-equity ratio of 67.33. WSP Global has a twelve month low of C$166.75 and a twelve month high of C$230.98.

WSP Global (TSE:WSP) last issued its quarterly earnings data on Wednesday, February 28th. The company reported C$1.99 earnings per share for the quarter, beating analysts’ consensus estimates of C$1.91 by C$0.08. The firm had revenue of C$3.72 billion during the quarter, compared to analyst estimates of C$2.81 billion. WSP Global had a return on equity of 8.96% and a net margin of 3.81%. Equities research analysts anticipate that WSP Global will post 7.9537594 EPS for the current fiscal year.

WSP Global Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Sunday, March 31st were paid a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 0.70%. The ex-dividend date of this dividend was Wednesday, March 27th. WSP Global’s payout ratio is currently 34.17%.

WSP Global Company Profile

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.