WSP Global’s (WSP) “Outperform” Rating Reiterated at Scotiabank
Several other equities analysts have also recently commented on WSP. Canaccord Genuity boosted their price objective on shares of WSP Global from C$44.00 to C$45.00 and gave the company a buy rating in a research note on Thursday, August 4th. TD Securities reaffirmed a buy rating and set a C$49.00 price objective on shares of WSP Global in a research note on Thursday, August 4th. BMO Capital Markets boosted their price objective on shares of WSP Global from C$41.50 to C$43.00 and gave the company a market perform rating in a research note on Wednesday, September 21st. Royal Bank Of Canada reaffirmed an outperform rating and set a C$45.00 price objective on shares of WSP Global in a research note on Monday, September 19th. Finally, CIBC reduced their price objective on shares of WSP Global from C$45.00 to C$42.00 in a research note on Wednesday, June 29th. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock presently has an average rating of Buy and a consensus target price of C$45.59.
WSP Global (TSE:WSP) opened at 41.75 on Thursday. WSP Global has a 1-year low of $35.11 and a 1-year high of $48.10. The company has a market cap of $4.21 billion and a P/E ratio of 28.13. The stock’s 50 day moving average is $42.06 and its 200 day moving average is $41.18.
The firm also recently disclosed a quarterly dividend, which was paid on Saturday, October 15th. Stockholders of record on Saturday, October 15th were issued a $0.375 dividend. The ex-dividend date was Wednesday, September 28th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 3.59%.
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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