WSP Global’s (WSP) Outperform Rating Reaffirmed at Scotiabank
A number of other equities research analysts also recently issued reports on WSP. Canaccord Genuity increased their price target 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 restated a buy rating and set a C$49.00 target price on shares of WSP Global in a research note on Thursday, August 4th. BMO Capital Markets upped 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 note on Wednesday, September 21st. Royal Bank Of Canada restated an outperform rating and set a C$45.00 target price on shares of WSP Global in a research note on Monday, September 19th. Finally, CIBC cut their target price on WSP Global from C$45.00 to C$42.00 in a research note on Wednesday, June 29th. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. WSP Global presently has a consensus rating of Buy and a consensus target price of C$45.59.
Shares of WSP Global (TSE:WSP) traded up 0.61% during midday trading on Thursday, hitting $41.27. The company had a trading volume of 20,442 shares. WSP Global has a one year low of $35.11 and a one year high of $49.18. The stock has a market capitalization of $4.16 billion and a price-to-earnings ratio of 27.81. The stock’s 50-day moving average price is $42.19 and its 200-day moving average price is $41.05.
The business also recently announced a quarterly dividend, which will be paid on Saturday, October 15th. Investors of record on Saturday, October 15th will be given a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 3.66%. The ex-dividend date is 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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