WSP Global Inc (WSP) PT Raised to C$43.00
WSP Global Inc (TSE:WSP) had its price target boosted by research analysts at BMO Capital Markets from C$41.50 to C$43.00 in a research note issued on Wednesday. The brokerage presently has a “market perform” rating on the stock. BMO Capital Markets’ price target points to a potential upside of 2.36% from the company’s previous close.
WSP has been the topic of several other reports. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a C$45.00 price objective on shares of WSP Global in a research note on Monday. Scotiabank reaffirmed an “outperform” rating and issued a C$46.00 price objective on shares of WSP Global in a research note on Thursday, August 4th. TD Securities reaffirmed a “buy” rating and issued a C$49.00 price objective on shares of WSP Global in a research note on Thursday, August 4th. Canaccord Genuity lifted their price objective on WSP Global from C$44.00 to C$45.00 and gave the company a “buy” rating in a research note on Thursday, August 4th. Finally, CIBC reduced their price objective on WSP Global from C$45.00 to C$42.00 in a research note on Wednesday, June 29th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of C$45.59.
Shares of WSP Global (TSE:WSP) traded up 1.88% during trading on Wednesday, reaching $42.80. The company had a trading volume of 86,710 shares. The company has a market capitalization of $4.32 billion and a P/E ratio of 28.84. The firm has a 50-day moving average price of $42.69 and a 200-day moving average price of $40.69. WSP Global has a 52-week low of $35.11 and a 52-week high of $49.18.
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The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, October 15th. Shareholders of record on Saturday, October 15th will be issued a dividend of $0.375 per share. The ex-dividend date of this dividend is Wednesday, September 28th. This represents a $1.50 annualized dividend 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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