WSP Global Inc. (TSE:WSP - Get Free Report)'s share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$255.13 and traded as high as C$278.00. WSP Global shares last traded at C$277.27, with a volume of 258,577 shares traded.
Analysts Set New Price Targets
WSP has been the topic of a number of analyst reports. BMO Capital Markets lifted their price objective on shares of WSP Global from C$284.00 to C$294.00 in a research report on Thursday, February 27th. UBS Group lifted their price objective on shares of WSP Global from C$274.00 to C$285.00 in a research report on Wednesday, March 5th. TD Securities lifted 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 research report on Monday, May 12th. Canaccord Genuity Group cut their price objective on shares of WSP Global from C$305.00 to C$300.00 in a research report on Thursday, April 10th. Finally, Stifel Nicolaus cut their price objective on shares of WSP Global from C$310.00 to C$300.00 and set a "buy" rating on the stock in a research report on Thursday, April 17th. One equities research analyst has rated the stock with a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of C$283.92.
Read Our Latest Analysis on WSP Global
WSP Global Stock Performance
The company has a market cap of C$35.80 billion, a PE ratio of 53.03, a P/E/G 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's 50-day simple moving average is C$256.37 and its two-hundred day simple moving average is C$252.13.
WSP Global Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th were paid a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 0.54%. The ex-dividend date was Monday, March 31st. WSP Global's payout ratio is 28.66%.
Insider Buying and Selling at WSP Global
In other WSP Global news, Senior Officer Mark Naysmith sold 6,715 shares of WSP Global stock in a transaction that occurred 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. Company insiders own 0.06% of the company's stock.
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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