Shares of WSP Global Inc. (TSE:WSP – Get Free Report) have received a consensus recommendation of “Buy” from the twelve brokerages that are currently covering the company, Marketbeat reports. One equities research 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 company. The average 12 month target price among brokers that have issued a report on the stock in the last year is C$254.50.
Several brokerages recently weighed in on WSP. Stifel Nicolaus lifted their price objective on WSP Global from C$250.00 to C$260.00 in a report on Tuesday, August 20th. ATB Capital lifted their target price on shares of WSP Global from C$235.00 to C$250.00 and gave the stock a “sector perform” rating in a research note on Tuesday, August 20th. Desjardins upped their price target 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. Raymond James lifted their price objective on shares of WSP Global from C$255.00 to C$270.00 and gave the company a “strong-buy” rating in a research note on Tuesday, August 20th. Finally, Royal Bank of Canada increased their target price on WSP Global from C$252.00 to C$261.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 20th.
WSP Global Trading Up 1.5 %
WSP Global (TSE:WSP – Get Free Report) last released its earnings results on Tuesday, July 30th. The company reported C$1.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$1.90 by C($0.01). The firm had revenue of C$2.99 billion during 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%. Sell-side analysts anticipate that WSP Global will post 9.4701583 earnings per share for the current year.
WSP Global Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Tuesday, October 15th will be paid a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 0.64%. The ex-dividend date is Friday, September 27th. WSP Global’s dividend payout ratio is 31.32%.
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.
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