WSP Global (WSP) Given New C$70.00 Price Target at Canaccord Genuity
WSP has been the topic of several other research reports. Desjardins lifted their price target on shares of WSP Global from C$74.00 to C$76.00 in a report on Thursday, August 9th. TD Securities lifted their price target on shares of WSP Global from C$76.00 to C$81.00 and gave the company a buy rating in a report on Tuesday, July 31st. National Bank Financial lifted their price target on shares of WSP Global from C$71.00 to C$71.50 and gave the company a sector perform rating in a report on Tuesday, July 31st. BMO Capital Markets set a C$70.00 price target on shares of WSP Global and gave the company a market perform rating in a report on Thursday, July 12th. Finally, Raymond James lifted their price target on shares of WSP Global from C$75.00 to C$80.00 and gave the company an outperform rating in a report on Wednesday, August 1st. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of Buy and an average target price of C$74.44.
TSE:WSP traded up C$0.37 during trading hours on Friday, hitting C$67.47. The company had a trading volume of 150,700 shares, compared to its average volume of 250,539. WSP Global has a 52 week low of C$56.38 and a 52 week high of C$75.42. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 41.20.
The firm also recently announced a quarterly dividend, which was paid on Monday, October 15th. Stockholders of record on Monday, October 15th were issued a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 2.22%. The ex-dividend date was Thursday, September 27th. WSP Global’s dividend payout ratio (DPR) is presently 70.39%.
In other news, insider David Langlois sold 3,000 shares of the business’s stock in a transaction on Monday, September 24th. The shares were sold at an average price of C$71.55, for a total transaction of C$214,650.00.
About WSP Global
WSP Global Inc operates as a professional services company in the United States, Canada, the United Kingdom, Sweden, and internationally. The company's Property & Buildings segment provides technical and management consultancy services, such as structural and mechanical, electrical, and plumbing engineering; and a range of specialist services, including fire engineering, lighting design, vertical transportation, acoustics, intelligent building systems, audiovisual systems, information technology, facade engineering, and green building design.
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