Shares of WSP Global Inc (TSE:WSP) have earned an average recommendation of “Buy” from the nine research firms that are currently covering the firm, Marketbeat.com reports. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is C$69.38.
WSP has been the subject of a number of recent research reports. Royal Bank of Canada increased their target price on WSP Global from C$66.00 to C$71.00 and gave the company an “outperform” rating in a research note on Monday, May 14th. TD Securities increased their target price on WSP Global from C$67.00 to C$70.00 and gave the company a “buy” rating in a research note on Friday, March 16th. National Bank Financial increased their target price on WSP Global from C$56.00 to C$57.00 and gave the company a “sector perform” rating in a research note on Friday, March 16th. Raymond James increased their target price on WSP Global from C$66.00 to C$75.00 and gave the company an “outperform” rating in a research note on Monday, June 4th. Finally, Canaccord Genuity increased their target price on WSP Global from C$61.00 to C$62.00 in a research note on Friday, March 16th.
Shares of WSP Global stock traded down C$0.27 during trading hours on Friday, reaching C$71.78. The stock had a trading volume of 180,956 shares, compared to its average volume of 283,022. WSP Global has a 1 year low of C$48.07 and a 1 year high of C$75.42.
WSP Global (TSE:WSP) last released its quarterly earnings data on Thursday, May 10th. The company reported C$0.66 EPS for the quarter, topping analysts’ consensus estimates of C$0.63 by C$0.03. The company had revenue of C$1.91 billion for the quarter, compared to the consensus estimate of C$1.50 billion. WSP Global had a return on equity of 9.97% and a net margin of 4.44%.
The business also recently announced a quarterly dividend, which will be paid on Sunday, July 15th. Stockholders of record on Saturday, June 30th will be paid a $0.375 dividend. The ex-dividend date of this dividend is Thursday, June 28th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 2.09%.
WSP Global Company Profile
WSP Global Inc operates as a professional services company in the United States, Canada, the United Kingdom, Sweden, and internationally. The company's Property & Buildings segment provides technical and management consultancy services, such as structural and mechanical, electrical, and plumbing engineering; and a range of specialist services, including fire engineering, lighting design, vertical transportation, acoustics, intelligent building systems, audiovisual systems, information technology, facade engineering, and green building design.
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