CGI Inc. (NYSE:GIB – Get Free Report) (TSE:GIB.A) has received an average recommendation of “Moderate Buy” from the five analysts that are presently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $132.67.
Several analysts have recently commented on the stock. UBS Group assumed coverage on shares of CGI in a research report on Friday, July 19th. They set a “neutral” rating and a $112.00 price target on the stock. Jefferies Financial Group lifted their target price on CGI from $120.00 to $121.00 and gave the company a “buy” rating in a research report on Tuesday, July 16th. Sanford C. Bernstein upgraded CGI to a “strong-buy” rating in a report on Thursday, August 1st. Finally, CIBC downgraded CGI from a “sector outperform” rating to a “neutral” rating in a research report on Friday, June 21st.
Check Out Our Latest Stock Report on CGI
Institutional Trading of CGI
CGI Price Performance
Shares of GIB stock opened at $112.00 on Wednesday. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.16 and a quick ratio of 0.86. The company has a market capitalization of $25.85 billion, a PE ratio of 21.58, a price-to-earnings-growth ratio of 2.62 and a beta of 0.95. The firm’s 50-day moving average is $106.80 and its two-hundred day moving average is $106.79. CGI has a 12 month low of $93.07 and a 12 month high of $118.89.
CGI Company Profile
CGI Inc, together with its subsidiaries, provides information technology (IT) and business process services. Its services include the business and strategic IT consulting, systems integration, and software solutions. The company also provides application development, modernization and maintenance, holistic enterprise digitization, automation, hybrid and cloud management, and business process services; intellectual property-based solutions; business consulting; managed IT services; and IT infrastructure services.
See Also
- Five stocks we like better than CGI
- What to Know About Investing in Penny Stocks
- 3 Small Cap Stocks That Insiders Are Buying
- NYSE Stocks Give Investors a Variety of Quality Options
- Analysts Forecast Big Upside for Western Digital—Don’t Miss Out
- Trading Stocks: RSI and Why it’s Useful
- 3 Must-Own Stocks for Bullish Investors in Today’s Market
Receive News & Ratings for CGI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CGI and related companies with MarketBeat.com's FREE daily email newsletter.