CGI Group Inc (TSE:GIB.A) had its price objective increased by analysts at Dundee Securities from C$68.00 to C$74.00 in a research report issued to clients and investors on Thursday. The brokerage currently has a “buy” rating on the stock.

Several other equities research analysts also recently issued reports on GIB.A. Scotiabank reiterated an “outperform” rating and issued a C$67.00 target price on shares of CGI Group in a research note on Wednesday, July 20th. TD Securities reiterated a “buy” rating and issued a C$65.00 target price on shares of CGI Group in a research note on Monday, July 25th. Barclays PLC raised their price objective on shares of CGI Group from C$60.00 to C$68.00 in a research report on Thursday, July 28th. BMO Capital Markets raised their price objective on shares of CGI Group from C$64.00 to C$68.00 in a research report on Thursday, July 28th. Finally, Canaccord Genuity raised their price objective on shares of CGI Group from C$68.00 to C$70.00 in a research report on Thursday, July 28th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and twelve have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of C$68.28.

Analyst Recommendations for CGI Group (TSE:GIB.A)

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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