WSP Global Inc. (TSE:WSP) Receives Average Rating of "Buy" from Analysts

Shares of WSP Global Inc. (TSE:WSP - Get Free Report) have earned an average recommendation of "Buy" from the eleven brokerages that are presently covering the company, Marketbeat reports. 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. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is C$283.77.

WSP has been the subject of a number of recent research reports. Raymond James increased their price objective on WSP Global from C$270.00 to C$310.00 and gave the company a "strong-buy" rating in a research report on Thursday, January 30th. TD Securities increased their price target on WSP Global from C$300.00 to C$305.00 and gave the company a "buy" rating in a research report on Friday, February 14th. BMO Capital Markets boosted their price objective on WSP Global from C$284.00 to C$294.00 in a report on Thursday, February 27th. Stifel Nicolaus decreased their target price on shares of WSP Global from C$310.00 to C$300.00 and set a "buy" rating for the company in a report on Thursday, April 17th. Finally, Scotiabank boosted their price target on shares of WSP Global from C$281.00 to C$283.00 in a report on Wednesday, February 19th.

Insider Transactions at WSP Global

In other news, Director Macky Tall purchased 2,056 shares of the business's stock in a transaction that occurred on Thursday, March 6th. The stock was purchased at an average cost of C$243.94 per share, with a total value of C$501,540.64. 0.06% of the stock is owned by insiders.

WSP Global Price Performance

Shares of TSE:WSP traded up C$1.44 during trading hours on Wednesday, hitting C$250.52. 34,875 shares of the company's stock traded hands, compared to its average volume of 245,858. The company's fifty day simple moving average is C$244.88 and its two-hundred day simple moving average is C$247.88. The company has a market cap of C$32.32 billion, a price-to-earnings ratio of 47.87, a price-to-earnings-growth ratio of 1.09 and a beta of 0.82. 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 52 week low of C$201.24 and a 52 week high of C$264.87.

WSP Global Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th were given a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 0.60%. The ex-dividend date of this dividend was Monday, March 31st. WSP Global's dividend payout ratio is currently 28.66%.

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).