WSP Global (TSE:WSP) Given New C$283.00 Price Target at Scotiabank

WSP Global (TSE:WSP - Free Report) had its price target boosted by Scotiabank from C$281.00 to C$283.00 in a research note released on Wednesday,BayStreet.CA reports.

Several other equities research analysts have also weighed in on WSP. Royal Bank of Canada raised their target price on WSP Global from C$261.00 to C$279.00 in a research report on Friday, November 8th. BMO Capital Markets raised their target price on WSP Global from C$280.00 to C$284.00 in a research report on Tuesday. TD Securities raised their target price on WSP Global from C$300.00 to C$305.00 and gave the stock a "buy" rating in a research report on Friday, February 14th. CIBC raised their target price on WSP Global from C$278.00 to C$293.00 in a research report on Tuesday. Finally, Raymond James raised their target price on WSP Global from C$270.00 to C$310.00 and gave the stock a "strong-buy" rating in a research report on Thursday, January 30th. One investment analyst has rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock has an average rating of "Buy" and a consensus target price of C$281.91.

WSP Global Stock Down 0.5 %

WSP stock traded down C$1.33 during mid-day trading on Wednesday, reaching C$252.16. The company had a trading volume of 306,519 shares, compared to its average volume of 202,307. 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 has a fifty-two week low of C$201.24 and a fifty-two week high of C$262.00. The company has a market capitalization of C$32.53 billion, a price-to-earnings ratio of 48.19, a price-to-earnings-growth ratio of 1.09 and a beta of 0.82. The firm has a fifty day simple moving average of C$250.59 and a 200 day simple moving average of C$242.19.

WSP Global Announces Dividend

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