WSP Global (TSE:WSP - Free Report) had its price objective boosted by CIBC from C$305.00 to C$317.00 in a report issued on Friday,BayStreet.CA reports.
WSP has been the topic of several other research reports. TD Securities lifted their price target on WSP Global from C$298.00 to C$307.00 and gave the company a "buy" rating in a research note on Monday, May 12th. Stifel Nicolaus lifted their price target on WSP Global from C$305.00 to C$317.00 in a research note on Wednesday. Finally, Canaccord Genuity Group lifted their price target on WSP Global from C$300.00 to C$305.00 in a research note on Friday, June 13th. One research analyst has rated the stock with a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of C$287.23.
Check Out Our Latest Stock Report on WSP Global
WSP Global Trading Up 1.2%
WSP Global stock traded up C$3.34 during mid-day trading on Friday, hitting C$288.96. 227,353 shares of the company's stock were exchanged, compared to its average volume of 245,082. The firm has a market capitalization of C$37.28 billion, a P/E ratio of 55.22, a PEG ratio of 1.09 and a beta of 0.82. WSP Global has a fifty-two week low of C$208.35 and a fifty-two week high of C$289.15. The company has a quick ratio of 1.04, a current ratio of 1.26 and a debt-to-equity ratio of 80.45. The company's 50 day simple moving average is C$276.09 and its 200-day simple moving average is C$257.66.
WSP Global Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Tuesday, July 15th were given a $0.375 dividend. This represents a $1.50 annualized dividend and a dividend yield of 0.52%. The ex-dividend date was Monday, June 30th. WSP Global's payout ratio is 28.66%.
Insider Activity at WSP Global
In related news, Senior Officer Mark Naysmith sold 6,715 shares of the business's stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of C$281.34, for a total value of C$1,889,184.67. Insiders own 0.06% of the company's stock.
About WSP Global
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WSP Global Inc provides engineering and design services to clients in the Transportation & Infrastructure, Property and Buildings, Environment, Power and Energy, Resources, and Industry sectors. It also offers strategic advisory services. The firm operates through four reportable segments namely, Canada, Americas ( US and Latin America), EMEIA (Europe, Middle East, India and Africa), and APAC (Asia Pacific, comprising Australia, New Zealand and Asia).
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