WSP Global (TSE:WSP) Given New C$284.00 Price Target at BMO Capital Markets

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

Other equities research analysts have also recently issued reports about the stock. Scotiabank upped their price objective on shares of WSP Global from C$279.00 to C$281.00 in a research report on Monday, February 10th. CIBC upped their price objective on shares of WSP Global from C$278.00 to C$293.00 in a research report on Tuesday. Royal Bank of Canada upped their price objective on shares of WSP Global from C$261.00 to C$279.00 in a research report on Friday, November 8th. TD Securities upped their price objective on shares of WSP Global from C$300.00 to C$305.00 and gave the company a “buy” rating in a research report on Friday, February 14th. Finally, Raymond James raised their price target on shares of WSP Global from C$270.00 to C$310.00 and gave the stock a “strong-buy” rating in a research note on Thursday, January 30th. One equities research analyst has rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of C$281.73.

WSP Global Trading Up 2.5 %

Shares of TSE:WSP opened at C$255.50 on Tuesday. The stock has a market capitalization of C$32.96 billion, a PE ratio of 48.82, a P/E/G ratio of 1.09 and a beta of 0.82. WSP Global has a 1 year low of C$201.24 and a 1 year high of C$262.00. The firm has a fifty day moving average price of C$250.38 and a 200 day moving average price of C$241.43. The company has a current ratio of 1.26, a quick ratio of 1.04 and a debt-to-equity ratio of 80.45.

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 paid a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a dividend yield of 0.59%. The ex-dividend date was Tuesday, December 31st. WSP Global’s dividend payout ratio (DPR) is currently 28.66%.

About WSP Global

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.