Analysts Set WSP Global Inc. (TSE:WSP) PT at C$284.31

Shares of WSP Global Inc. (TSE:WSP - Get Free Report) have earned a consensus rating of "Buy" from the eleven ratings firms that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a hold rating, eight have given a buy rating and two have issued a strong buy rating on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is C$285.62.

A number of brokerages recently weighed in on WSP. CIBC boosted their price objective on shares of WSP Global from C$295.00 to C$296.00 in a report on Thursday, April 17th. Canaccord Genuity Group boosted their price objective on shares of WSP Global from C$300.00 to C$305.00 in a report on Friday, June 13th. TD Securities boosted their price objective on shares of WSP Global from C$298.00 to C$307.00 and gave the stock a "buy" rating in a report on Monday, May 12th. Finally, Stifel Nicolaus boosted their price objective on shares of WSP Global from C$305.00 to C$317.00 in a report on Wednesday.

WSP Global Trading Up 0.5%

Shares of TSE:WSP traded up C$1.55 on Monday, reaching C$285.62. 198,796 shares of the company traded hands, compared to its average volume of 245,211. The business's 50-day simple moving average is C$275.56 and its 200 day simple moving average is C$257.33. WSP Global has a 52 week low of C$208.35 and a 52 week high of C$286.74. The stock has a market capitalization of C$36.85 billion, a P/E ratio of 54.58, a price-to-earnings-growth 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.

WSP Global Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 15th were paid a $0.375 dividend. The ex-dividend date was Monday, June 30th. This represents a $1.50 annualized dividend and a yield of 0.53%. WSP Global's dividend payout ratio (DPR) is 28.66%.

Insider Buying and Selling at WSP Global

In other news, Senior Officer Mark Naysmith sold 6,715 shares of the business's stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of C$281.34, for a total transaction of C$1,889,184.67. 0.06% of the stock is owned by company 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).