Shares of CGI Group Inc (TSE:GIB.A) have been given an average rating of “Buy” by the seventeen research firms that are currently covering the firm. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and ten have issued a buy recommendation on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is C$67.84.

A number of analysts recently weighed in on the stock. Scotiabank upped their target price on shares of CGI Group from C$70.00 to C$71.00 and gave the stock an “outperform” rating in a report on Thursday. Royal Bank Of Canada upped their target price on shares of CGI Group from C$68.00 to C$75.00 and gave the stock an “outperform” rating in a report on Thursday. BMO Capital Markets boosted their price target on shares of CGI Group from C$68.00 to C$74.00 in a research note on Thursday. Barclays PLC boosted their price target on shares of CGI Group from C$60.00 to C$68.00 in a research note on Thursday, July 28th. Finally, TD Securities reissued a “buy” rating and issued a C$65.00 price target on shares of CGI Group in a research note on Monday, July 25th.

CGI Group Company Profile

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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