WSP Global Inc (WSP) PT Raised to C$44.00 at CIBC
WSP Global Inc (TSE:WSP) had its price objective lifted by CIBC from C$42.00 to C$44.00 in a note issued to investors on Wednesday. CIBC’s target price would suggest a potential downside of 4.66% from the company’s current price.
Other equities research analysts have also issued reports about the stock. Canaccord Genuity increased their target price on shares of WSP Global from C$44.00 to C$45.00 and gave the stock a “buy” rating in a report on Thursday, August 4th. TD Securities restated a “buy” rating and set a C$49.00 price objective on shares of WSP Global in a report on Thursday, August 4th. BMO Capital Markets raised their price objective on shares of WSP Global from C$41.50 to C$43.00 and gave the stock a “market perform” rating in a report on Wednesday, September 21st. Royal Bank Of Canada raised their price objective on shares of WSP Global from C$45.00 to C$47.00 and gave the stock an “old rating” rating in a report on Wednesday. Finally, Scotiabank raised their price objective on shares of WSP Global from C$46.00 to C$48.00 and gave the stock an “outperform” rating in a report on Monday, October 31st. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of C$46.23.
Shares of WSP Global (TSE:WSP) opened at 46.15 on Wednesday. The firm’s 50-day moving average is $42.08 and its 200-day moving average is $41.55. WSP Global has a 12-month low of $35.11 and a 12-month high of $46.75. The company has a market capitalization of $4.65 billion and a PE ratio of 31.10.
The company also recently disclosed a quarterly dividend, which was paid on Saturday, October 15th. Stockholders of record on Saturday, October 15th were given a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a dividend yield of 3.25%. The ex-dividend date of this dividend was Wednesday, September 28th.
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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