WSP Global Inc. (TSE:WSP) Receives C$275.36 Average Price Target from Brokerages

Shares of WSP Global Inc. (TSE:WSP - Get Free Report) have been assigned an average rating of "Buy" from the twelve research firms that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating on the company. The average 1 year price objective among brokers that have covered the stock in the last year is C$277.73.

A number of brokerages have recently weighed in on WSP. 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. TD Securities upped their target price on WSP Global from C$300.00 to C$305.00 and gave the company a "buy" rating in a report on Friday. Scotiabank raised their price target on shares of WSP Global from C$279.00 to C$281.00 in a report on Monday, February 10th. CIBC dropped 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 lifted their target price on shares of WSP Global from C$257.00 to C$280.00 in a research note on Friday, November 8th.

WSP Global Trading Down 3.4 %

TSE WSP traded down C$8.79 on Friday, hitting C$249.23. 261,566 shares of the stock were exchanged, compared to its average volume of 201,011. The company's 50-day moving average price is C$250.38 and its two-hundred day moving average price is C$241.43. The company has a market capitalization of C$32.15 billion, a price-to-earnings ratio of 47.63, a P/E/G ratio of 1.09 and a beta of 0.82. WSP Global has a 52-week low of C$201.24 and a 52-week high of C$262.00. The company has a debt-to-equity ratio of 80.45, a current ratio of 1.26 and a quick ratio of 1.04.

WSP Global Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Wednesday, January 15th were issued a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a 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%.

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.