WSP Global Inc. (TSE:WSP) Receives Consensus Recommendation of “Buy” from Brokerages

WSP Global Inc. (TSE:WSPGet Free Report) has earned a consensus rating of “Buy” from the twelve research firms that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation, nine have issued a buy recommendation and two have given a strong buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is C$258.25.

WSP has been the topic of a number of recent analyst reports. CIBC boosted their price objective on shares of WSP Global from C$245.00 to C$264.00 and gave the stock an “outperform” rating in a report on Tuesday, August 20th. Canaccord Genuity Group upped their target price on shares of WSP Global from C$260.00 to C$275.00 and gave the company a “buy” rating in a research note on Tuesday, October 15th. BMO Capital Markets upped their target price on shares of WSP Global from C$252.00 to C$257.00 and gave the company an “outperform” rating in a research note on Tuesday, August 20th. Stifel Nicolaus upped their target price on shares of WSP Global from C$260.00 to C$285.00 in a research note on Friday, October 4th. Finally, Desjardins upped their target price on shares of WSP Global from C$249.00 to C$257.00 and gave the company a “buy” rating in a research note on Tuesday, August 20th.

View Our Latest Stock Report on WSP

WSP Global Stock Performance

Shares of WSP stock opened at C$251.17 on Wednesday. WSP Global has a 12 month low of C$180.73 and a 12 month high of C$253.45. The company has a debt-to-equity ratio of 71.81, a current ratio of 1.13 and a quick ratio of 1.04. The firm has a market capitalization of C$31.32 billion, a P/E ratio of 52.55, a P/E/G ratio of 1.09 and a beta of 0.82. The company’s fifty day moving average price is C$238.97 and its two-hundred day moving average price is C$223.15.

WSP Global Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Tuesday, October 15th were given a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 0.60%. The ex-dividend date of this dividend was Friday, September 27th. WSP Global’s dividend payout ratio is presently 31.38%.

WSP Global Company Profile

(Get Free Report

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.

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Analyst Recommendations for WSP Global (TSE:WSP)

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