CGI Group Inc (GIB.A) Earns Outperform Rating from National Bank Financial
National Bank Financial restated their outperform rating on shares of CGI Group Inc (TSE:GIB.A) (NYSE:GIB) in a report released on Wednesday. They currently have a C$80.00 price objective on the stock.
A number of other brokerages also recently issued reports on GIB.A. Scotiabank reduced their price objective on shares of CGI Group from C$72.00 to C$71.00 and set an outperform rating for the company in a research report on Thursday, August 3rd. Eight Capital downgraded shares of CGI Group from a buy rating to a neutral rating and reduced their target price for the company from C$74.00 to C$72.00 in a research report on Wednesday, July 19th. TD Securities reissued a buy rating and set a C$77.00 target price on shares of CGI Group in a research report on Thursday, May 4th. Finally, Royal Bank Of Canada reissued an outperform rating and set a C$75.00 target price on shares of CGI Group in a research report on Tuesday, April 25th. One analyst has rated the stock with a sell rating, three have given a hold rating and eight have issued a buy rating to the company. The stock presently has a consensus rating of Buy and an average price target of C$72.23.
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CGI Group Company Profile
CGI Group Inc (CGI), directly or through its subsidiaries, manages information technology (IT) services, as well as business process services (BPS). The Company’s services include the management of IT and business functions (outsourcing), systems integration and consulting, as well as the sale of software solutions.
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