WSP Global Inc (WSP) Price Target Raised to C$43.00 at BMO Capital Markets
WSP Global Inc (TSE:WSP) had its price objective lifted by analysts at BMO Capital Markets from C$41.50 to C$43.00 in a research report issued on Wednesday, StockTargetPrices.com reports. The firm presently has a “market perform” rating on the stock. BMO Capital Markets’ target price points to a potential upside of 2.36% from the company’s previous close.
Several other equities analysts have also recently commented on the stock. CIBC decreased their price target on shares of WSP Global from C$45.00 to C$42.00 in a research report on Wednesday, June 29th. Scotiabank reissued an “outperform” rating and issued a C$46.00 price target on shares of WSP Global in a research report on Thursday, August 4th. TD Securities reissued a “buy” rating and issued a C$49.00 price target on shares of WSP Global in a research report on Thursday, August 4th. Canaccord Genuity raised their price target on shares of WSP Global from C$44.00 to C$45.00 and gave the company a “buy” rating in a research report on Thursday, August 4th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a C$45.00 price target on shares of WSP Global in a research report on Monday. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of C$45.59.
WSP Global (TSE:WSP) traded up 2.00% during trading on Wednesday, hitting $42.85. The company had a trading volume of 89,060 shares. WSP Global has a 52-week low of $35.11 and a 52-week high of $49.18. The stock has a market capitalization of $4.32 billion and a price-to-earnings ratio of 28.87. The firm’s 50 day moving average is $42.69 and its 200-day moving average is $40.69.
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The business also recently declared a quarterly dividend, which will be paid on Saturday, October 15th. Investors of record on Saturday, October 15th will be given a $0.375 dividend. The ex-dividend date of this dividend is Wednesday, September 28th. This represents a $1.50 dividend on an annualized basis and a yield of 3.57%.
WSP Global Company Profile
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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