CGI (GIB.A) Price Target Increased to C$92.00 by Analysts at CIBC

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CGI (TSE:GIB.A) (NYSE:GIB) had its target price boosted by CIBC from C$90.00 to C$92.00 in a report published on Tuesday morning.

Other research analysts have also issued research reports about the company. Raymond James reaffirmed an outperform rating and set a C$94.00 price target on shares of CGI in a research report on Tuesday, January 8th. BMO Capital Markets boosted their price target on CGI from C$94.00 to C$95.00 and gave the stock an outperform rating in a research report on Thursday, January 31st. Canaccord Genuity boosted their price target on CGI from C$90.00 to C$95.00 in a research report on Thursday, January 31st. Barclays reaffirmed a buy rating and set a C$92.00 price target on shares of CGI in a research report on Thursday, January 31st. Finally, Desjardins lowered CGI from a buy rating to a hold rating and set a C$94.50 price target on the stock. in a research report on Thursday, January 31st. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. CGI presently has an average rating of Buy and an average price target of C$92.25.

TSE:GIB.A opened at C$90.18 on Tuesday. The company has a market cap of $22.11 billion and a price-to-earnings ratio of 22.83. CGI has a twelve month low of C$61.73 and a twelve month high of C$77.22. The company has a current ratio of 1.00, a quick ratio of 0.84 and a debt-to-equity ratio of 28.03.

CGI Company Profile

CGI Inc, together with its subsidiaries, provides information technology (IT) and business process services in Canada, Northern Europe, France, the United States, the United Kingdom, Europe, and the Asia Pacific. Its services include the management of IT and business outsourcing, systems integration and consulting, and software solutions selling activities.

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Analyst Recommendations for CGI (TSE:GIB.A)

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