CGI (TSE:GIB.A) Price Target Raised to C$125.00

CGI (TSE:GIB.A) (NYSE:GIB) had its target price lifted by TD from C$118.00 to C$125.00 in a research note published on Thursday morning,BayStreet reports. TD currently has a hold rating on the stock.

Several other equities research analysts also recently issued reports on GIB.A. Canadian Imperial Bank of Commerce increased their price target on CGI from C$107.00 to C$108.00 in a report on Thursday, July 30th. National Bank Financial upped their price objective on CGI from C$135.00 to C$145.00 and gave the company an “outperform” rating in a research note on Thursday. Stifel Nicolaus upped their price target on shares of CGI from C$120.00 to C$130.00 and gave the company a “buy” rating in a research note on Thursday. Royal Bank Of Canada lifted their target price on CGI from C$100.00 to C$115.00 and gave the stock a “sector perform” rating in a report on Thursday. Finally, Desjardins cut their price target on CGI from C$118.00 to C$115.00 and set a “buy” rating for the company in a research note on Thursday, October 8th. Seven research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of C$128.85.

CGI Trading Up 0.0%

Shares of GIB.A traded up C$0.02 during trading hours on Thursday, hitting C$116.83. 563,400 shares of the stock traded hands, compared to its average volume of 654,333. The firm has a market capitalization of C$24.19 billion, a PE ratio of 14.51, a price-to-earnings-growth ratio of 2.24 and a beta of 0.29. The company has a current ratio of 1.16, a quick ratio of 0.97 and a debt-to-equity ratio of 34.24. CGI has a 1-year low of C$83.34 and a 1-year high of C$131.97. The business has a fifty day moving average of C$105.15 and a 200-day moving average of C$100.20.

CGI (TSE:GIB.A) (NYSE:GIB) last announced its quarterly earnings data on Wednesday, November 11th. The company reported C$2.31 earnings per share (EPS) for the quarter. CGI had a net margin of 11.51% and a return on equity of 19.51%. The firm had revenue of C$4.15 billion for the quarter. Analysts expect that CGI will post 8.37 EPS for the current year.

Key Stories Impacting CGI

These are some of the GIB.A stories that stood out recently:

• Positive Sentiment: Stifel Nicolaus reiterated its buy rating in the latest report, following its target increase to C$130. Stifel Nicolaus remains a buy on CGI
• Positive Sentiment: CGI reported C$2.31 in quarterly EPS and C$4.15 billion in revenue. Its earnings-call coverage highlighted growth, AI momentum and expansion, which may reinforce investor confidence in its growth prospects; the supplied reports do not state whether results beat expectations. Earnings call highlights Q4 earnings call transcript
• Neutral Sentiment: CGI filed financial materials for the year ended September 30, 2026. The filing is a disclosure update, with no specific new financial catalyst detailed in the report. CGI financial materials filing

CGI Company Profile

Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 94,000 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results.