Analysts Set WSP Global Inc. (TSE:WSP) PT at C$275.36

WSP Global Inc. (TSE:WSP) has been assigned an average recommendation of “Buy” from the twelve ratings firms that are covering the company, Marketbeat reports. One equities research 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 1-year price objective among brokerages that have issued ratings on the stock in the last year is C$277.73.

A number of brokerages recently commented on WSP. Scotiabank increased their price target on shares of WSP Global from C$279.00 to C$281.00 in a report on Monday, February 10th. Royal Bank of Canada increased their price target on shares of WSP Global from C$261.00 to C$279.00 in a report on Friday, November 8th. Raymond James raised their price objective on shares of WSP Global from C$270.00 to C$310.00 and gave the stock a “strong-buy” rating in a research note on Thursday, January 30th. CIBC decreased their price objective on shares of WSP Global from C$280.00 to C$278.00 in a research note on Monday, February 3rd. Finally, BMO Capital Markets raised their price objective on shares of WSP Global from C$257.00 to C$280.00 in a research note on Friday, November 8th.

WSP Global Stock Down 3.4 %

Shares of TSE:WSP opened at C$249.23 on Friday. The company has a current ratio of 1.26, a quick ratio of 1.04 and a debt-to-equity ratio of 80.45. WSP Global has a 12 month low of C$201.24 and a 12 month high of C$262.00. The company has a 50-day moving average price of C$250.46 and a 200 day moving average price of C$241.38. The company has a market cap of C$32.15 billion, a price-to-earnings ratio of 47.63, a PEG ratio of 1.09 and a beta of 0.82.

WSP Global Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 15th were paid a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a dividend yield of 0.60%. The ex-dividend date of this dividend was Tuesday, December 31st. WSP Global’s dividend payout ratio is presently 28.66%.

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.