Shares of CGI Inc (TSE:GIB.A – Get Free Report) (NYSE:GIB) have been assigned an average rating of “Buy” from the eleven research firms that are covering the company, MarketBeat Ratings reports. Eleven investment analysts have rated the stock with a buy recommendation. The average 12-month price target among brokers that have issued a report on the stock in the last year is C$169.83.
GIB.A has been the subject of several analyst reports. Raymond James increased their price objective on CGI from C$171.00 to C$180.00 in a report on Thursday, November 7th. Canaccord Genuity Group raised their price target on CGI from C$170.00 to C$175.00 in a report on Thursday, November 7th. CIBC upgraded shares of CGI from a “neutral” rating to an “outperform” rating and upped their price objective for the company from C$155.00 to C$178.00 in a report on Tuesday, October 15th. Finally, Royal Bank of Canada lifted their target price on shares of CGI from C$170.00 to C$178.00 in a research note on Thursday, November 7th.
Read Our Latest Stock Report on GIB.A
CGI Trading Down 0.4 %
CGI Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Friday, December 20th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.39%. The ex-dividend date was Wednesday, November 20th.
About CGI
CGI Inc, together with its subsidiaries, provides information technology (IT) and business process services in Canada, Northern Europe, France, the United States, the United Kingdom, Europe, and the Asia Pacific. Its services include the management of IT and business outsourcing, systems integration and consulting, and software solutions selling activities.
See Also
- Five stocks we like better than CGI
- Find and Profitably Trade Stocks at 52-Week Lows
- ServiceTitan Made Waves in Its IPO, But Is the Stock a Buy?
- Roth IRA Calculator: Calculate Your Potential Returns
- Netflix: Is This the Perfect Time to Buy a Streaming Powerhouse?
- How to Calculate Stock Profit
- Goldman Sachs Unveils 3 Massive Opportunities for 2025 Investors
Receive News & Ratings for CGI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CGI and related companies with MarketBeat.com's FREE daily email newsletter.