FY2016 Earnings Estimate for WSP Global Inc (WSP) Issued By Desjardins
WSP Global Inc (TSE:WSP) – Desjardins lowered their FY2016 EPS estimates for WSP Global in a note issued to investors on Wednesday. Desjardins analyst B. Poirier now anticipates that the firm will post earnings per share of $2.65 for the year, down from their prior forecast of $2.70. Desjardins also issued estimates for WSP Global’s Q4 2016 earnings at $0.71 EPS.
Other analysts also recently issued reports about the company. CIBC raised their target price on WSP Global from C$42.00 to C$44.00 in a research report on Wednesday. Canaccord Genuity raised their target price on WSP Global from C$44.00 to C$45.00 and gave the stock a “buy” rating in a research report on Thursday, August 4th. TD Securities raised their target price on WSP Global from C$49.00 to C$50.00 and gave the stock a “buy” rating in a research report on Wednesday. BMO Capital Markets raised their target price on WSP Global from C$41.50 to C$43.00 and gave the stock a “market perform” rating in a research report on Wednesday, September 21st. Finally, Royal Bank Of Canada raised their target price on WSP Global from C$45.00 to C$47.00 and gave the stock an “old rating” rating in a research report on Wednesday. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. WSP Global presently has an average rating of “Buy” and an average target price of C$46.23.
The firm also recently disclosed a quarterly dividend, which was paid on Saturday, October 15th. Investors of record on Saturday, October 15th were paid a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 3.23%. The ex-dividend date of this dividend was Wednesday, September 28th.
About WSP Global
WSP Global Inc is a professional services company. The Company’s segments are Canada, Americas (US and South America), EMEIA (Europe, Middle East, India and Africa) and APAC (Asia Pacific, including primarily Asia and Australia). It offers services in project delivery and consulting. It offers various project services throughout the project execution phases.
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