WSP Global (TSE:WSP) Given New C$279.00 Price Target at TD Securities

WSP Global (TSE:WSP) had its target price upped by TD Securities from C$273.00 to C$279.00 in a report issued on Tuesday morning, BayStreet.CA reports. TD Securities currently has a buy rating on the stock.

Other research analysts also recently issued reports about the stock. Desjardins lifted their price target on shares of WSP Global from C$249.00 to C$257.00 and gave the stock a buy rating in a research note on Tuesday. National Bankshares set a C$255.00 target price on shares of WSP Global and gave the stock an outperform rating in a research note on Monday, August 19th. Scotiabank lifted their target price on shares of WSP Global from C$239.00 to C$241.00 in a research note on Friday, May 10th. Stifel Nicolaus lifted their target price on shares of WSP Global from C$250.00 to C$260.00 in a research note on Tuesday. Finally, CIBC lifted their target price on shares of WSP Global from C$245.00 to C$264.00 and gave the stock an outperform rating in a research note on Tuesday. One 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. Based on data from MarketBeat, the stock currently has a consensus rating of Buy and an average target price of C$254.50.

WSP Global Trading Up 0.1 %

WSP stock opened at C$226.58 on Tuesday. The company has a market capitalization of C$28.25 billion, a PE ratio of 47.50, a price-to-earnings-growth ratio of 1.09 and a beta of 0.82. WSP Global has a one year low of C$174.39 and a one year high of C$230.98. The company’s 50 day moving average price is C$218.11 and its two-hundred day moving average price is C$214.98. The company has a debt-to-equity ratio of 71.81, a quick ratio of 1.04 and a current ratio of 1.13.

WSP Global (TSE:WSP) last posted its quarterly earnings results on Tuesday, July 30th. The company reported C$1.89 EPS for the quarter, missing the consensus estimate of C$1.90 by C($0.01). The business had revenue of C$2.99 billion for the quarter, compared to analysts’ expectations of C$2.93 billion. WSP Global had a return on equity of 9.40% and a net margin of 4.03%. As a group, analysts predict that WSP Global will post 8.0147448 earnings per share for the current fiscal year.

WSP Global Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be issued a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 0.66%. The ex-dividend date is Friday, September 27th. WSP Global’s dividend payout ratio (DPR) is currently 31.45%.

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.