WSP Global (TSE:WSP) Director Pascale Sourisse Buys 300 Shares of Stock

WSP Global Inc. (TSE:WSP) Director Pascale Sourisse acquired 300 shares of the firm’s stock in a transaction dated Monday, November 9th. The stock was bought at an average price of C$184.66 per share, with a total value of C$55,398.00. Following the purchase, the director directly owned 1,188 shares in the company, valued at approximately C$219,376.08. This trade represents a 33.78% increase in their position.

WSP Global Stock Up 1.9%

Shares of WSP Global stock opened at C$184.94 on Tuesday. WSP Global Inc. has a 52-week low of C$156.64 and a 52-week high of C$275.24. The company has a 50 day moving average of C$178.73 and a 200 day moving average of C$200.33. The company has a quick ratio of 1.04, a current ratio of 1.10 and a debt-to-equity ratio of 79.06. The company has a market capitalization of C$24.93 billion, a P/E ratio of 25.30, a P/E/G ratio of 1.09 and a beta of 0.37.

WSP Global (TSE:WSP) last released its quarterly earnings data on Wednesday, November 4th. The company reported C$3.20 EPS for the quarter. The business had revenue of C$5.29 billion for the quarter. WSP Global had a return on equity of 9.55% and a net margin of 4.88%. As a group, research analysts forecast that WSP Global Inc. will post 9.57 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently issued reports on WSP shares. TD dropped their price target on WSP Global from C$307.00 to C$255.00 and set a “buy” rating on the stock in a research note on Tuesday, July 28th. BMO Capital Markets reduced their price target on shares of WSP Global from C$280.00 to C$275.00 and set an “outperform” rating for the company in a research report on Wednesday, September 30th. Desjardins lowered their price objective on shares of WSP Global from C$372.00 to C$369.00 and set a “buy” rating on the stock in a research report on Friday, August 7th. Royal Bank Of Canada lowered their price target on WSP Global from C$304.00 to C$303.00 and set an “outperform” rating on the stock in a report on Wednesday, September 30th. Finally, Scotia dropped their price target on WSP Global from C$281.00 to C$279.00 and set a “sector outperform” rating on the stock in a research report on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating and twelve have given a Buy rating to the company’s stock. According to MarketBeat, WSP Global currently has a consensus rating of “Buy” and a consensus target price of C$289.62.

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).