WSP Global Inc. (TSE:WSP) Director Buys C$501,540.64 in Stock

WSP Global Inc. (TSE:WSP - Get Free Report) Director Macky Tall purchased 2,056 shares of WSP Global stock in a transaction dated Thursday, March 6th. The stock was acquired at an average cost of C$243.94 per share, with a total value of C$501,540.64.

WSP Global Trading Down 1.2 %

TSE:WSP traded down C$3.01 during midday trading on Tuesday, hitting C$241.24. The stock had a trading volume of 660,150 shares, compared to its average volume of 238,764. The stock has a 50-day moving average of C$250.68 and a 200 day moving average of C$244.87. The company has a quick ratio of 1.04, a current ratio of 1.26 and a debt-to-equity ratio of 80.45. The company has a market capitalization of C$31.12 billion, a price-to-earnings ratio of 46.10, a PEG ratio of 1.09 and a beta of 0.82. WSP Global Inc. has a one year low of C$201.24 and a one year high of C$264.87.

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 paid a dividend of $0.375 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.50 annualized dividend and a yield of 0.62%. WSP Global's payout ratio is 28.66%.

Wall Street Analyst Weigh In

WSP has been the topic of a number of recent analyst reports. TD Securities boosted their price objective on shares of WSP Global from C$300.00 to C$305.00 and gave the stock a "buy" rating in a report on Friday, February 14th. Stifel Nicolaus lifted their price target on WSP Global from C$295.00 to C$310.00 in a research report on Tuesday, February 18th. Canaccord Genuity Group raised their target price on shares of WSP Global from C$290.00 to C$305.00 in a report on Friday, February 28th. Raymond James increased their price objective on 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. Finally, Scotiabank raised their price objective on WSP Global from C$281.00 to C$283.00 in a research note on Wednesday, February 19th. One equities research 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. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of C$284.85.

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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).