WSP Global (TSE:WSP) Given New C$246.00 Price Target at BMO Capital Markets

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

Other equities analysts have also recently issued reports about the stock. Royal Bank of Canada lifted their target price on shares of WSP Global from C$212.00 to C$237.00 and gave the company an outperform rating in a report on Friday, March 1st. ATB Capital increased their target price on shares of WSP Global from C$210.00 to C$220.00 and gave the stock a sector perform rating in a research note on Friday, March 1st. Canaccord Genuity Group boosted their price target on WSP Global from C$225.00 to C$235.00 and gave the company a buy rating in a research report on Thursday, February 29th. National Bankshares increased their price objective on WSP Global from C$212.00 to C$234.00 and gave the stock an outperform rating in a research report on Friday, March 1st. Finally, Raymond James raised WSP Global from an outperform rating to a strong-buy rating and boosted their target price for the company from C$215.00 to C$245.00 in a report on Friday, January 26th. One analyst has rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of Buy and an average target price of C$236.92.

WSP Global Stock Up 0.2 %

Shares of TSE:WSP opened at C$214.23 on Wednesday. The company has a current ratio of 1.15, a quick ratio of 1.04 and a debt-to-equity ratio of 67.33. The firm has a 50 day simple moving average of C$217.35 and a 200-day simple moving average of C$199.03. The company has a market capitalization of C$26.71 billion, a PE ratio of 48.80, a P/E/G ratio of 1.09 and a beta of 0.80. 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 released its quarterly earnings data on Wednesday, February 28th. The company reported C$1.99 earnings per share (EPS) for the quarter, beating the consensus estimate of C$1.91 by C$0.08. WSP Global had a net margin of 3.81% and a return on equity of 8.96%. The company had revenue of C$3.72 billion during the quarter, compared to the consensus estimate of C$2.81 billion. On average, equities analysts predict that WSP Global will post 7.9537594 EPS for the current fiscal year.

WSP Global Dividend Announcement

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

About WSP Global

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.