WSP Global (TSE:WSP) Price Target Cut to C$325.00 by Analysts at ATB Cormark Capital Markets

WSP Global (TSE:WSP) had its target price lowered by ATB Cormark Capital Markets from C$330.00 to C$325.00 in a research note issued to investors on Friday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Several other analysts have also issued reports on the company. Stifel Nicolaus reduced their target price on WSP Global from C$320.00 to C$280.00 and set a “buy” rating on the stock in a report on Thursday, April 30th. Canaccord Genuity Group dropped their price target on WSP Global from C$345.00 to C$315.00 and set a “buy” rating for the company in a research note on Friday, May 8th. Scotiabank dropped their price target on WSP Global from C$286.00 to C$281.00 and set a “sector outperform” rating for the company in a research note on Friday, July 10th. BMO Capital Markets boosted their target price on shares of WSP Global from C$272.00 to C$280.00 and gave the company an “outperform” rating in a research report on Thursday. Finally, Desjardins set a C$372.00 price target on shares of WSP Global and gave the stock a “buy” rating in a report on Thursday, July 16th. One research analyst has rated the stock with a Strong Buy rating and ten have given a Buy rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of C$297.17.

WSP Global Stock Down 1.6%

TSE WSP opened at C$189.56 on Friday. 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 company has a market cap of C$25.56 billion, a price-to-earnings ratio of 25.86, a PEG ratio of 1.09 and a beta of 0.19. The company has a 50 day moving average of C$177.62 and a 200-day moving average of C$210.05. WSP Global has a 1-year low of C$156.64 and a 1-year high of C$291.46.

WSP Global (TSE:WSP) last issued its quarterly earnings results on Wednesday, August 5th. The company reported C$2.88 earnings per share (EPS) for the quarter. WSP Global had a return on equity of 10.39% and a net margin of 5.23%.The business had revenue of C$5.40 billion for the quarter. On average, equities 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 declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 15th were issued 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 20.46%.

Insider Activity at WSP Global

In other news, Director Pascale Sourisse acquired 364 shares of the business’s stock in a transaction that occurred on Wednesday, June 24th. The shares were 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 directly 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.

Key Stories Impacting WSP Global

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

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).