WSP Global Inc. (TSE:WSP - Get Free Report)'s share price reached a new 52-week high during trading on Tuesday after BMO Capital Markets raised their price target on the stock from C$298.00 to C$312.00. The stock traded as high as C$289.94 and last traded at C$284.35, with a volume of 99604 shares changing hands. The stock had previously closed at C$288.96.
Several other equities analysts have also recently weighed in on WSP. Canaccord Genuity Group raised their price target on WSP Global from C$300.00 to C$305.00 in a report on Friday, June 13th. CIBC raised their price target on WSP Global from C$305.00 to C$317.00 in a report on Friday, July 18th. Stifel Nicolaus raised their price target on WSP Global from C$305.00 to C$317.00 in a report on Wednesday, July 16th. Finally, TD Securities raised their price target on WSP Global from C$298.00 to C$307.00 and gave the company a "buy" rating in a report on Monday, May 12th. One investment analyst has rated the stock with a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, WSP Global has a consensus rating of "Buy" and a consensus price target of C$288.62.
Check Out Our Latest Analysis on WSP Global
Insider Transactions at WSP Global
In related news, Senior Officer Mark Naysmith sold 6,715 shares of the business's stock in a transaction on Tuesday, May 27th. The stock was 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 currently owned by insiders.
WSP Global Stock Performance
The business has a 50-day moving average of C$277.82 and a two-hundred day moving average of C$258.50. 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 company has a market cap of C$36.96 billion, a P/E ratio of 54.75, a P/E/G ratio of 1.09 and a beta of 0.82.
WSP Global Dividend Announcement
The business 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 0.52%. WSP Global's dividend payout ratio (DPR) is presently 28.66%.
About WSP Global
(
Get Free Report)
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).
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