WSP Global (TSE:WSP) Given New C$310.00 Price Target at Stifel Nicolaus

WSP Global (TSE:WSP) had its price target upped by Stifel Nicolaus from C$295.00 to C$310.00 in a research note published on Tuesday,BayStreet.CA reports.

Several other equities analysts have also commented on the company. Raymond James upped their price target on 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. BMO Capital Markets upped their price target on WSP Global from C$257.00 to C$280.00 in a research note on Friday, November 8th. CIBC cut their price objective on WSP Global from C$280.00 to C$278.00 in a report on Monday, February 3rd. Royal Bank of Canada boosted their price objective on WSP Global from C$261.00 to C$279.00 in a report on Friday, November 8th. Finally, TD Securities boosted their price objective on 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 issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, WSP Global presently has an average rating of “Buy” and a consensus target price of C$281.73.

WSP Global Stock Performance

TSE WSP opened at C$255.50 on Tuesday. WSP Global has a fifty-two week low of C$201.24 and a fifty-two week high of C$262.00. The stock’s fifty day moving average is C$250.38 and its two-hundred day moving average is C$241.43. The firm has a market capitalization of C$32.96 billion, a P/E ratio of 48.82, a price-to-earnings-growth ratio of 1.09 and a beta of 0.82. The company has a debt-to-equity ratio of 80.45, a quick ratio of 1.04 and a current ratio of 1.26.

WSP Global Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 15th were issued a dividend of $0.375 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.50 annualized dividend and a yield of 0.59%. WSP Global’s dividend payout ratio (DPR) 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.