WSP Global Inc (TSE:WSP)‘s stock had its “outperform” rating reissued by equities research analysts at Scotiabank in a report issued on Tuesday. They presently have a C$46.00 target price on the stock. Scotiabank’s target price indicates a potential upside of 11.03% from the company’s previous close.
A number of other research firms have also weighed in on WSP. TD Securities reiterated a “buy” rating and issued a C$49.00 price target on shares of WSP Global in a research report on Wednesday, September 21st. BMO Capital Markets increased their price target on WSP Global from C$41.50 to C$43.00 and gave the company a “market perform” rating in a research report on Wednesday, September 21st. Royal Bank Of Canada reiterated an “outperform” rating and issued a C$45.00 price target on shares of WSP Global in a research report on Monday, September 19th. Canaccord Genuity increased their price target on WSP Global from C$44.00 to C$45.00 and gave the company a “buy” rating in a research report on Thursday, August 4th. Finally, CIBC decreased their price target on WSP Global from C$45.00 to C$42.00 in a research report on Wednesday, June 29th. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of C$45.59.
Shares of WSP Global (TSE:WSP) opened at 41.43 on Tuesday. The firm has a market cap of $4.18 billion and a P/E ratio of 27.92. The company’s 50-day moving average is $42.56 and its 200-day moving average is $40.94. WSP Global has a 52-week low of $35.11 and a 52-week high of $49.18.
The company also recently declared a quarterly dividend, which will be paid on Saturday, October 15th. Stockholders of record on Saturday, October 15th will be paid a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 3.62%. 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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