WSP Global (TSE:WSP) Price Target Raised to C$284.00

WSP Global (TSE:WSP) had its target price raised by BMO Capital Markets from C$280.00 to C$284.00 in a research note issued to investors on Tuesday,BayStreet.CA reports.

Other research analysts have also issued reports about the company. TD Securities lifted their target price on WSP Global from C$300.00 to C$305.00 and gave the stock a “buy” rating in a report on Friday, February 14th. Raymond James boosted their target price on shares of WSP Global from C$270.00 to C$310.00 and gave the stock a “strong-buy” rating in a report on Thursday, January 30th. Stifel Nicolaus increased their target price on shares of WSP Global from C$295.00 to C$310.00 in a research note on Tuesday. Royal Bank of Canada increased their price objective on WSP Global from C$261.00 to C$279.00 in a research report on Friday, November 8th. Finally, CIBC lifted their target price on WSP Global from C$278.00 to C$293.00 in a report on Tuesday. One investment analyst has rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of C$281.91.

WSP Global Stock Down 1.1 %

Shares of WSP stock opened at C$253.49 on Tuesday. WSP Global has a 1 year low of C$201.24 and a 1 year high of C$262.00. The company has a debt-to-equity ratio of 80.45, a quick ratio of 1.04 and a current ratio of 1.26. The business’s fifty day moving average is C$250.56 and its 200-day moving average is C$242.00. The stock has a market cap of C$32.70 billion, a PE ratio of 48.44, a price-to-earnings-growth ratio of 1.09 and a beta of 0.82.

WSP Global Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Wednesday, January 15th were paid a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 0.59%. The ex-dividend date was Tuesday, December 31st. WSP Global’s dividend payout ratio is currently 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.