WSP Global Inc. (TSE:WSP) Director Macky Tall Purchases 2,056 Shares

WSP Global Inc. (TSE:WSP) Director Macky Tall acquired 2,056 shares of the business’s stock in a transaction that occurred on Thursday, March 6th. The shares were purchased at an average cost of C$243.94 per share, for a total transaction of C$501,540.64.

WSP Global Stock Down 0.3 %

TSE WSP traded down C$0.69 during trading hours on Friday, hitting C$244.54. The company’s stock had a trading volume of 53,775 shares, compared to its average volume of 226,927. The company has a market capitalization of C$31.55 billion, a PE ratio of 46.73, 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 Inc. has a 52 week low of C$201.24 and a 52 week high of C$264.87. The company’s 50-day simple moving average is C$251.05 and its two-hundred day simple moving average is C$244.55.

WSP Global Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Wednesday, January 15th were given a dividend of $0.375 per share. The ex-dividend date was Tuesday, December 31st. This represents a $1.50 annualized dividend and a dividend yield of 0.61%. WSP Global’s payout ratio is 28.66%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Scotiabank boosted their price target on WSP Global from C$281.00 to C$283.00 in a report on Wednesday, February 19th. Raymond James lifted their price target on shares of WSP Global from C$270.00 to C$310.00 and gave the stock a “strong-buy” rating in a report on Thursday, January 30th. Royal Bank of Canada upped their price target on WSP Global from C$261.00 to C$279.00 in a research report on Friday, November 8th. Stifel Nicolaus increased their price objective on shares of WSP Global from C$295.00 to C$310.00 in a research report on Tuesday, February 18th. Finally, CIBC upped their price target on shares of WSP Global from C$293.00 to C$295.00 in a research report on Friday, February 28th. One investment analyst has rated the stock with a hold rating, eight have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, WSP Global presently has an average rating of “Buy” and an average price target of C$284.85.

About WSP Global

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).