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

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

WSP Global Stock Performance

WSP opened at C$247.28 on Monday. 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 firm has a fifty day moving average price of C$250.89 and a 200 day moving average price of C$244.88. WSP Global Inc. has a 1 year low of C$201.24 and a 1 year high of C$264.87. The stock has a market cap of C$31.90 billion, a P/E ratio of 47.25, a P/E/G ratio of 1.09 and a beta of 0.82.

WSP Global Dividend Announcement

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

Analysts Set New Price Targets

Several analysts have weighed in on the stock. BMO Capital Markets boosted their target price on shares of WSP Global from C$284.00 to C$294.00 in a research report on Thursday, February 27th. Canaccord Genuity Group boosted their target price on shares of WSP Global from C$290.00 to C$305.00 in a research report on Friday, February 28th. CIBC boosted their target price on shares of WSP Global from C$293.00 to C$295.00 in a research report on Friday, February 28th. Stifel Nicolaus boosted their target price on shares of WSP Global from C$295.00 to C$310.00 in a research report on Tuesday, February 18th. Finally, TD Securities boosted their target price on shares of WSP Global from C$300.00 to C$305.00 and gave the stock a “buy” rating in a research report on Friday, February 14th. One equities research analyst has rated the stock with a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, WSP Global has an average rating of “Buy” and an average target price 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).