Shares of WSP Global Inc (TSE:WSP) have been given an average recommendation of “Buy” by the nine research firms that are presently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is C$54.83.

A number of equities analysts have commented on WSP shares. CIBC lifted their price target on WSP Global from C$51.00 to C$54.00 in a research note on Monday, July 10th. Canaccord Genuity cut WSP Global from a “buy” rating to a “hold” rating in a research note on Monday, July 17th. National Bank Financial lowered WSP Global from an “outperform overweight” rating to a “sector perform overweight” rating in a research report on Wednesday, July 12th. TD Securities lifted their price objective on WSP Global from C$58.00 to C$59.00 and gave the stock a “buy” rating in a research report on Thursday, August 10th. Finally, Scotiabank lifted their price objective on WSP Global from C$57.00 to C$58.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 15th.

In other news, Director Louis-Philippe Carrière purchased 600 shares of the company’s stock in a transaction that occurred on Friday, August 18th. The shares were bought at an average cost of C$50.18 per share, for a total transaction of C$30,108.00. Also, Director Suzanne Rancourt purchased 1,000 shares of the company’s stock in a transaction that occurred on Thursday, August 17th. The shares were purchased at an average price of C$50.00 per share, for a total transaction of C$50,000.00.

Shares of WSP Global (TSE:WSP) traded up 1.17% during mid-day trading on Wednesday, reaching $52.08. The company had a trading volume of 85,756 shares. The stock has a 50 day moving average price of $50.80 and a 200 day moving average price of $50.12. WSP Global has a 12-month low of $40.50 and a 12-month high of $55.04. The firm has a market capitalization of $5.35 billion and a PE ratio of 23.19.

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, October 15th. Stockholders of record on Saturday, September 30th will be given a $0.375 dividend. The ex-dividend date is Thursday, September 28th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 2.88%.

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About WSP Global

WSP Global Inc operates as a professional services company in the United States, Canada, the United Kingdom, Sweden, and internationally. The company’s Property & Buildings segment provides technical and management consultancy services, such as structural and mechanical, electrical, and plumbing engineering; and a range of specialist services, including fire engineering, lighting design, vertical transportation, acoustics, intelligent building systems, audiovisual systems, information technology, façade engineering, and green building design.

Analyst Recommendations for WSP Global (TSE:WSP)

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