CIBC Remains a Buy on WSP Global (WSP)

By Austin Angelo

WSP Global (WSPResearch Report), the Materials sector company, has received a rating update from a Wall Street analyst yesterday. CIBC’s analyst Jacob Bout reiterates their Buy rating on the shares, with a C$81 price target.

Bout has an average return of 1.6% when recommending WSP Global.

According to, Bout is ranked #2571 out of 5259 analysts.

Currently, the analyst consensus on WSP Global is a Moderate Buy with an average price target of C$76.33.

WSP Global’s market cap is currently C$7.34B and has a P/E ratio of 31.1. The company has a Price to Book ratio of 2.36.

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$71.65.