Analysts Set WSP Global Inc. (TSE:WSP) PT at C$283.92

WSP Global Inc. (TSE:WSP - Get Free Report) has earned an average recommendation of "Buy" from the eleven research firms that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is C$283.92.

WSP has been the topic of several research reports. Raymond James increased their target price on WSP Global from C$270.00 to C$310.00 and gave the stock a "strong-buy" rating in a research report on Thursday, January 30th. UBS Group upped their price target on WSP Global from C$274.00 to C$285.00 in a research note on Wednesday, March 5th. CIBC lifted their price objective on WSP Global from C$295.00 to C$296.00 in a research note on Thursday, April 17th. TD Securities increased their target price on shares of WSP Global from C$298.00 to C$307.00 and gave the stock a "buy" rating in a research report on Monday, May 12th. Finally, Scotiabank lifted their price target on shares of WSP Global from C$281.00 to C$283.00 in a research report on Wednesday, February 19th.

Insider Transactions at WSP Global

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

WSP Global Trading Up 1.0%

WSP stock traded up C$2.92 on Friday, hitting C$281.70. 209,288 shares of the company were exchanged, compared to its average volume of 245,848. 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 stock has a market capitalization of C$36.34 billion, a price-to-earnings ratio of 53.83, a price-to-earnings-growth ratio of 1.09 and a beta of 0.82. WSP Global has a twelve month low of C$201.24 and a twelve month high of C$282.15. The business's fifty day moving average is C$250.49 and its two-hundred day moving average is C$249.64.

WSP Global Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th were issued a $0.375 dividend. The ex-dividend date was Monday, March 31st. This represents a $1.50 annualized dividend and a yield of 0.53%. WSP Global's dividend payout ratio is presently 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).