Shares of CGI Group Inc (TSE:GIB.A) have been assigned an average rating of “Buy” from the sixteen research firms that are covering the firm. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and eight have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is C$64.53.

GIB.A has been the topic of a number of recent research reports. Goldman Sachs Group Inc. increased their target price on CGI Group from C$65.00 to C$68.00 in a research note on Thursday, July 28th. Desjardins set a C$67.50 target price on CGI Group in a research note on Thursday, July 28th. Canaccord Genuity increased their target price on CGI Group from C$68.00 to C$70.00 in a research note on Thursday, July 28th. BMO Capital Markets upped their price target on CGI Group from C$64.00 to C$68.00 in a report on Thursday, July 28th. Finally, Barclays PLC upped their price target on CGI Group from C$60.00 to C$68.00 in a report on Thursday, July 28th.

About CGI Group

CGI Group Inc (CGI) is a Canada-based company that provides information technology (IT) consulting, systems integration, IT outsourcing and business solutions. The Company’s delivery model provides for work to be carried out onsite at client premises, or through its centers located globally. In addition, CGI has a range of business solutions, which helps its clients and shareholders.

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