WSP Global (TSE:WSP) Price Target Raised to C$310.00 at Stifel Nicolaus

WSP Global (TSE:WSP) had its price objective raised by Stifel Nicolaus from C$295.00 to C$310.00 in a research report report published on Tuesday,BayStreet.CA reports.

Other equities research analysts have also recently issued research reports about the stock. Scotiabank increased their target price on shares of WSP Global from C$279.00 to C$281.00 in a research report on Monday, February 10th. Raymond James raised their price target on WSP Global from C$270.00 to C$310.00 and gave the company a “strong-buy” rating in a report on Thursday, January 30th. CIBC decreased their target price on WSP Global from C$280.00 to C$278.00 in a report on Monday, February 3rd. TD Securities raised their target price on WSP Global from C$300.00 to C$305.00 and gave the company a “buy” rating in a research note on Friday, February 14th. Finally, BMO Capital Markets upped their price target on shares of WSP Global from C$257.00 to C$280.00 in a research report on Friday, November 8th. One research analyst has rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of C$281.91.

WSP Global Stock Performance

Shares of TSE:WSP opened at C$253.49 on Tuesday. The company has a debt-to-equity ratio of 80.45, a current ratio of 1.26 and a quick ratio of 1.04. The business’s fifty day moving average price is C$250.56 and its two-hundred day moving average price is C$242.00. WSP Global has a fifty-two week low of C$201.24 and a fifty-two week high of C$262.00. The stock has a market capitalization of C$32.70 billion, a price-to-earnings ratio of 48.44, a price-to-earnings-growth ratio of 1.09 and a beta of 0.82.

WSP Global Announces Dividend

The firm 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 annualized dividend and a dividend yield of 0.59%. The ex-dividend date was Tuesday, December 31st. WSP Global’s dividend payout ratio (DPR) is presently 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.