WSP Global (TSE:WSP) Given New C$294.00 Price Target at BMO Capital Markets

WSP Global (TSE:WSP) had its target price lifted by BMO Capital Markets from C$284.00 to C$294.00 in a research note published on Thursday morning,BayStreet.CA reports.

WSP has been the subject of a number of other reports. CIBC raised their target price on shares of WSP Global from C$278.00 to C$293.00 in a report on Tuesday, February 18th. TD Securities lifted their price objective on shares of WSP Global from C$300.00 to C$305.00 and gave the stock a “buy” rating in a research note on Friday, February 14th. 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 report on Thursday, January 30th. Stifel Nicolaus lifted their price target on WSP Global from C$295.00 to C$310.00 in a research report on Tuesday, February 18th. Finally, Scotiabank upped their price objective on WSP Global from C$281.00 to C$283.00 in a research report on Wednesday, February 19th. One research analyst has rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, WSP Global presently has an average rating of “Buy” and an average price target of C$282.82.

WSP Global Price Performance

Shares of WSP Global stock opened at C$255.05 on Thursday. The firm has a market cap of C$32.91 billion, a PE ratio of 48.74, a PEG ratio of 1.09 and a beta of 0.82. The stock has a 50 day moving average of C$251.10 and a 200 day moving average of C$243.00. 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 has a 12 month low of C$201.24 and a 12 month high of C$264.87.

WSP Global Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Wednesday, January 15th were issued a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a yield of 0.59%. The ex-dividend date of this dividend was Tuesday, December 31st. WSP Global’s payout ratio is currently 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.