The Globe and Mail reports in its Wednesday, Sept. 6, edition that Scotia Capital analyst Michael Doumet has reaffirmed his "sector outperform" recommendation for WSP Global. The Globe's David Leeder writes in the Eye On Equities column that Mr. Doumet continues to target the shares at $216. Analysts on average target the shares at $202.54. The Globe reports that Mr. Doumet believes WSP Global "[stands] to benefit from a global infrastructure renaissance, the energy transition, and the reshoring of manufacturing in North America." He says, "The best is still in front of" WSP Global despite "strong" organic growth across the sector through the past year. Mr. Doumet says in a note, "Expanding trading multiples are likely the primary hurdle for investors; however, we believe strong projected (multi-year) organic growth profiles, capital-light features, and proven M&A capabilities will grow profits (i.e., double-digit EBITDA-per-share CAGRs [compound annual growth rates]) such that multiple expansion is unnecessary (but may occur) to create ample returns." The Globe reported on July 21 that CIBC World Markets analyst Jacob Bout had reaffirmed his "outperformer" call on WSP Global when it could be had for $179.40.