WSP Global Inc (WSP) PT Raised to C$50.00
WSP Global Inc (TSE:WSP) had its target price hoisted by research analysts at TD Securities from C$49.00 to C$50.00 in a research report issued on Wednesday. The firm presently has a “buy” rating on the stock. TD Securities’ price objective would suggest a potential upside of 8.34% from the company’s current price.
A number of other brokerages also recently commented on WSP. Scotiabank lifted their target price on WSP Global from C$46.00 to C$48.00 and gave the company an “outperform” rating in a research note on Monday, October 31st. CIBC lifted their target price on WSP Global from C$42.00 to C$44.00 in a research note on Wednesday. Royal Bank Of Canada boosted their price objective on WSP Global from C$45.00 to C$47.00 and gave the stock an “old rating” rating in a research report on Wednesday. BMO Capital Markets boosted their price objective on WSP Global from C$41.50 to C$43.00 and gave the stock a “market perform” rating in a research report on Wednesday, September 21st. Finally, Canaccord Genuity boosted their price objective 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. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. WSP Global presently has an average rating of “Buy” and an average target price of C$46.23.
WSP Global (TSE:WSP) opened at 46.15 on Wednesday. WSP Global has a 52-week low of $35.11 and a 52-week high of $46.75. The stock has a market cap of $4.65 billion and a P/E ratio of 31.10. The firm’s 50-day moving average price is $42.08 and its 200 day moving average price is $41.55.
The company also recently announced a quarterly dividend, which was paid on Saturday, October 15th. Shareholders of record on Saturday, October 15th were given a $0.375 dividend. The ex-dividend date was Wednesday, September 28th. This represents a $1.50 dividend on an annualized basis and a yield of 3.25%.
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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