WSP Global (TSE:WSP) Price Target Raised to C$284.00 at BMO Capital Markets

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

A number of other equities research analysts have also recently issued reports on the company. CIBC upped their target price on WSP Global from C$278.00 to C$293.00 in a research report on Tuesday. Scotiabank boosted their price objective on WSP Global from C$279.00 to C$281.00 in a research report on Monday, February 10th. Stifel Nicolaus upped their price target on WSP Global from C$295.00 to C$310.00 in a report on Tuesday. Raymond James upped their target price on shares of WSP Global from C$270.00 to C$310.00 and gave the company a “strong-buy” rating in a research note on Thursday, January 30th. Finally, TD Securities increased their price target on shares of WSP Global from C$300.00 to C$305.00 and gave the company a “buy” rating in a report on Friday, February 14th. One equities research analyst has rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of C$281.91.

WSP Global Stock Performance

Shares of WSP opened at C$253.49 on Tuesday. WSP Global has a 12 month low of C$201.24 and a 12 month high of C$262.00. The company’s fifty day moving average is C$250.56 and its 200-day moving average is C$242.00. The company has a quick ratio of 1.04, a current ratio of 1.26 and a debt-to-equity ratio of 80.45. The firm has a market cap of C$32.70 billion, a price-to-earnings ratio of 48.44, a price-to-earnings-growth ratio of 1.09 and a beta of 0.82.

WSP Global Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 15th were issued a $0.375 dividend. This represents a $1.50 annualized dividend and a dividend yield of 0.59%. The ex-dividend date of this dividend was Tuesday, December 31st. WSP Global’s payout ratio is 28.66%.

WSP Global Company Profile

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.