CGI Group Inc (TSE:GIB.A)‘s stock had its “buy” rating restated by equities researchers at Desjardins in a report released on Thursday. They currently have a C$72.00 target price on the stock.

A number of other equities research analysts have also issued reports on GIB.A. Royal Bank Of Canada raised their price target 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. RBC Capital Markets raised their price target 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. CIBC raised their price target on shares of CGI Group from C$65.00 to C$68.50 and gave the stock an “outperform” rating in a report on Friday, August 19th. Scotiabank reissued an “outperform” rating and issued a C$67.00 price target on shares of CGI Group in a report on Friday, September 9th. Finally, Raymond James Financial Inc. raised their price target on shares of CGI Group from C$69.00 to C$72.00 in a report on Thursday. One analyst has rated the stock with a sell rating, three have issued a hold rating and twelve have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target 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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