CGI Inc (TSE:GIB.A - Get Free Report) NYSE: GIB has earned a consensus recommendation of "Buy" from the eleven research firms that are covering the stock, MarketBeat Ratings reports. Eleven investment analysts have rated the stock with a buy recommendation. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is C$169.83.
Several equities analysts have commented on the company. Canaccord Genuity Group increased their target price on CGI from C$170.00 to C$175.00 in a research report on Thursday, November 7th. CIBC raised 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 research note on Tuesday, October 15th. Raymond James lifted their target price on shares of CGI from C$171.00 to C$180.00 in a research report on Thursday, November 7th. Finally, Royal Bank of Canada upped their price target on shares of CGI from C$170.00 to C$178.00 in a research report on Thursday, November 7th.
Get Our Latest Analysis on GIB.A
CGI Price Performance
The stock's fifty day simple moving average is C$156.90 and its two-hundred day simple moving average is C$149.01. The company has a market cap of C$32.57 billion, a P/E ratio of 22.70, a P/E/G ratio of 2.24 and a beta of 0.86. The company has a current ratio of 1.16, a quick ratio of 0.97 and a debt-to-equity ratio of 34.24. CGI has a 1 year low of C$132.06 and a 1 year high of C$162.63.
CGI Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Friday, December 20th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of ∞. The ex-dividend date is Wednesday, November 20th.
About CGI
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Get Free ReportCGI 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.
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