WSP Global Inc. (TSE:WSP) Given Average Rating of “Buy” by Brokerages

Shares of WSP Global Inc. (TSE:WSP) have been given a consensus recommendation of “Buy” by the eleven analysts that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation, eight have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is C$284.85.

WSP has been the topic of several recent analyst reports. TD Securities upped their price objective on shares of 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. Raymond James raised their price objective on WSP Global from C$270.00 to C$310.00 and gave the stock a “strong-buy” rating in a report on Thursday, January 30th. Stifel Nicolaus lifted their price objective on WSP Global from C$295.00 to C$310.00 in a research report on Tuesday, February 18th. Scotiabank increased their target price on WSP Global from C$281.00 to C$283.00 in a research report on Wednesday, February 19th. Finally, UBS Group lifted their price target on WSP Global from C$274.00 to C$285.00 in a report on Wednesday, March 5th.

WSP Global Trading Down 3.9 %

Shares of WSP stock opened at C$229.59 on Friday. The company has a market capitalization of C$29.62 billion, a price-to-earnings ratio of 43.87, a PEG ratio of 1.09 and a beta of 0.82. The company has a current ratio of 1.26, a quick ratio of 1.04 and a debt-to-equity ratio of 80.45. The firm has a 50-day moving average price of C$249.24 and a 200 day moving average price of C$247.32. WSP Global has a twelve month low of C$201.24 and a twelve month high of C$264.87.

WSP Global Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th will be given a dividend of $0.375 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.50 dividend on an annualized basis and a yield of 0.65%. WSP Global’s dividend payout ratio (DPR) is 28.66%.

Insider Buying and Selling at WSP Global

In other news, Director Macky Tall acquired 2,056 shares of the stock in a transaction on Thursday, March 6th. The stock was bought at an average price of C$243.94 per share, with a total value of C$501,540.64. 0.06% of the stock is currently owned by corporate insiders.

WSP Global Company Profile

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).