CGI Group Inc (TSE:GIB.A) had its price objective hoisted by research analysts at Raymond James Financial Inc. from C$69.00 to C$72.00 in a note issued to investors on Thursday.

Several other analysts have also issued reports on GIB.A. Societe Generale restated a “hold” rating on shares of CGI Group in a report on Thursday. Barclays PLC boosted their price objective on shares of CGI Group from C$68.00 to C$75.00 and gave the company an “overweight” rating in a report on Thursday. Goldman Sachs Group Inc. boosted their price objective on shares of CGI Group from C$66.00 to C$67.00 in a report on Thursday. RBC Capital Markets boosted their price objective on shares of CGI Group from C$68.00 to C$75.00 and gave the company an “outperform” rating in a report on Thursday. Finally, Royal Bank Of Canada boosted their price objective on shares of CGI Group from C$68.00 to C$75.00 and gave the company an “outperform” rating in a report on Thursday. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and twelve have given a buy rating to the company’s stock. The company currently has an average 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.

Receive News & Stock Ratings for CGI Group Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CGI Group Inc and related stocks with our FREE daily email newsletter.