BMO Capital Markets Increases CGI Group Inc (GIB.A) Price Target to C$74.00
CGI Group Inc (TSE:GIB.A) had its price objective upped by equities research analysts at BMO Capital Markets from C$68.00 to C$74.00 in a research note issued to investors on Thursday.
Other analysts have also recently issued research reports about the company. Royal Bank Of Canada boosted their price target on CGI Group from C$68.00 to C$75.00 and gave the stock an “outperform” rating in a research report on Thursday. Barclays PLC boosted their price target on CGI Group from C$60.00 to C$68.00 in a research report on Thursday, July 28th. TD Securities reaffirmed a “buy” rating and issued a C$65.00 price target on shares of CGI Group in a research report on Monday, July 25th. Raymond James Financial Inc. boosted their price target on CGI Group from C$69.00 to C$72.00 in a research report on Thursday. Finally, Desjardins reaffirmed a “buy” rating and issued a C$72.00 price target on shares of CGI Group in a research report on Thursday. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and twelve have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of C$68.28.
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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