The WSP Global’s (WSP) “Outperform” Rating Reiterated at Scotiabank

The WSP Global’s (WSP) “Outperform” Rating Reiterated at Scotiabank

Scotiabank restated their outperform rating on shares of WSP Global Inc (TSE:WSP) in a report issued on Thursday morning. They currently have a C$46.00 price objective on the stock.

A number of other research analysts have also weighed in on the company. CIBC dropped their price objective on WSP Global from C$45.00 to C$42.00 in a report on Wednesday, June 29th. Canaccord Genuity upped their price objective on WSP Global from C$44.00 to C$45.00 and gave the stock a buy rating in a report 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 report on Thursday, August 4th. Royal Bank Of Canada reaffirmed an outperform rating and set a C$45.00 price objective on shares of WSP Global in a report on Monday, September 19th. Finally, BMO Capital Markets upped their price objective on WSP Global from C$41.50 to C$43.00 and gave the stock a market perform rating in a report on Wednesday, September 21st. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock presently has an average rating of Buy and a consensus price target of C$45.59.

WSP Global (TSE:WSP) opened at 41.60 on Thursday. The stock’s 50 day moving average price is $42.10 and its 200 day moving average price is $41.16. WSP Global has a 12-month low of $35.11 and a 12-month high of $49.18. The stock has a market cap of $4.19 billion and a price-to-earnings ratio of 28.03.

The business also recently disclosed a quarterly dividend, which was paid on Saturday, October 15th. Stockholders of record on Saturday, October 15th were given a $0.375 dividend. The ex-dividend date was Wednesday, September 28th. This represents a $1.50 annualized dividend and a dividend yield of 3.61%.

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