Analysts seem to be feeling optimistic about WSP Global (WSP) lately, as after RBC Capital and Raymond James rated the stock a Buy this past month, there is another positive note, this time from CIBC. The company received a Buy today from analyst Jacob Bout, with a C$84 price target.
Bout has an average return of 4.9% when recommending WSP Global.
According to TipRanks.com, Bout is ranked #2587 out of 5247 analysts.
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Currently, the analyst consensus on WSP Global is a Moderate Buy with an average price target of C$81.80, a 10.4% upside from current levels. In a report released today, RBC Capital also maintained a Buy rating on the stock with a C$88 price target.
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WSP Global’s market cap is currently C$7.73B and has a P/E ratio of 28.7. The company has a Price to Book ratio of 2.38.
WSP Global, Inc. is a professional services company which provides solutions to governments, businesses, architects and planners. It deploys a range of workforce ranging from engineers, technicians, scientists, planners, surveyors, environmental specialists, as well as other design, program, and construction management professionals.
The company’s shares closed on Friday at C$74.07, close to its 52-week high of C$75.66.
