CGI Group (TSE:GIB) Upgraded to Strong-Buy at TD Securities

CGI Group (TSE:GIB) was upgraded by analysts at TD Securities to a “strong-buy” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

Other analysts have also issued research reports about the stock. Scotiabank upgraded shares of CGI Group to a “hold” rating in a research note on Tuesday. Cibc Captl Mkts cut shares of CGI Group from a “strong-buy” rating to a “hold” rating in a research report on Sunday, December 14th. Finally, Jefferies Financial Group downgraded CGI Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th. One investment analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, CGI Group presently has a consensus rating of “Moderate Buy”.

CGI Group Stock Performance

About CGI Group

CGI Inc, together with its subsidiaries, provides information technology (IT) and business process services in Canada; Western, Southern, Central, and Eastern Europe; Australia; Scandinavia; Finland, Poland, and Baltics; the United States; the United Kingdom; and the Asia Pacific. Its services include the management of IT and business outsourcing, systems integration and consulting, and software solutions selling activities. The company also offers application development, integration and maintenance, testing, portfolio management, and modernization services; business consulting; and a suite of business process services designed to address the needs of specific industries, as well as IT infrastructure services.