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

Shares of WSP Global Inc. (TSE:WSP) have been given a consensus recommendation of “Buy” by the twelve ratings firms that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is C$281.91.

Several equities research analysts have recently issued reports on the company. Raymond James lifted their price target on WSP Global from C$270.00 to C$310.00 and gave the company a “strong-buy” rating in a report on Thursday, January 30th. Royal Bank of Canada lifted their target price on shares of WSP Global from C$261.00 to C$279.00 in a research note on Friday, November 8th. TD Securities increased their price target on shares of WSP Global from C$300.00 to C$305.00 and gave the stock a “buy” rating in a research note on Friday, February 14th. BMO Capital Markets lifted their price objective on shares of WSP Global from C$280.00 to C$284.00 in a research note on Tuesday. Finally, Scotiabank increased their target price on shares of WSP Global from C$281.00 to C$283.00 in a research report on Wednesday.

WSP Global Price Performance

Shares of TSE:WSP opened at C$253.49 on Friday. The business has a fifty day simple moving average of C$250.56 and a 200 day simple moving average of C$242.00. 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 1 year low of C$201.24 and a 1 year high of C$262.00. The firm has a market cap of C$32.70 billion, a price-to-earnings ratio of 48.44, a P/E/G ratio of 1.09 and a beta of 0.82.

WSP Global Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 15th were given a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 0.59%. The ex-dividend date was Tuesday, December 31st. WSP Global’s dividend payout ratio is currently 28.66%.

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.