CGI Group Inc (TSE:GIB.A) (NYSE:GIB) has been given a C$65.00 price objective by equities research analysts at Jefferies Group in a report issued on Monday. The brokerage presently has a a “hold” rating on the stock.

GIB.A has been the topic of a number of other reports. CIBC increased their price objective on shares of CGI Group from C$65.00 to C$68.50 and gave the stock an “outperform” rating in a research note on Friday, August 19th. Scotiabank raised their price target on shares of CGI Group from C$67.00 to C$70.00 and gave the company an “outperform” rating in a research note on Wednesday, October 5th. Desjardins set a C$67.50 price target on shares of CGI Group in a research note on Thursday, July 28th. Goldman Sachs Group Inc. raised their price target on shares of CGI Group from C$65.00 to C$68.00 in a research note on Thursday, July 28th. Finally, RBC Capital Markets raised their price target on shares of CGI Group from C$68.00 to C$75.00 and gave the company an “outperform” rating in a research note on Thursday, November 10th. One research 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 an average rating of “Buy” and a consensus price target of C$68.91.

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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