CGI Group Inc (GIB.A) PT Raised to C$75.00 at Barclays PLC
CGI Group Inc (TSE:GIB.A) had its price target upped by analysts at Barclays PLC from C$68.00 to C$75.00 in a research note issued on Thursday. The firm currently has an “overweight” rating on the stock.
A number of other analysts have also recently commented on the stock. TD Securities restated a “buy” rating and issued a C$65.00 price objective on shares of CGI Group in a research report on Monday, July 25th. Scotiabank restated an “outperform” rating and issued a C$67.00 price objective on shares of CGI Group in a research report on Wednesday, July 20th. CIBC upped their price objective on shares of CGI Group from C$65.00 to C$68.50 and gave the company an “outperform” rating in a research report on Friday, August 19th. Canaccord Genuity upped their price objective on shares of CGI Group from C$68.00 to C$70.00 in a research report on Thursday, July 28th. Finally, Desjardins set a C$67.50 target price on CGI Group in a report on Thursday, July 28th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and twelve have issued a buy rating to the stock. CGI Group presently has a consensus rating of “Buy” and a consensus price target of C$68.28.
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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