CGI Inc (TSE:GIB.A - Get Free Report) NYSE: GIB announced a quarterly dividend on Wednesday, November 20th,TickerTech Dividends reports. Investors of record on Friday, December 20th will be given a dividend of 0.15 per share on Friday, December 20th. This represents a $0.60 dividend on an annualized basis and a yield of 0.39%. The ex-dividend date of this dividend is Wednesday, November 20th.
CGI Stock Up 1.5 %
GIB.A stock traded up C$2.33 during trading on Monday, hitting C$153.75. 251,701 shares of the company's stock traded hands, compared to its average volume of 333,549. The business has a fifty day simple moving average of C$155.72 and a two-hundred day simple moving average of C$147.22. The company has a quick ratio of 0.97, a current ratio of 1.16 and a debt-to-equity ratio of 34.24. The firm has a market capitalization of C$31.33 billion, a P/E ratio of 21.18, a PEG ratio of 2.24 and a beta of 0.86. CGI has a 1 year low of C$132.06 and a 1 year high of C$160.75.
Analysts Set New Price Targets
A number of equities research analysts recently commented on GIB.A shares. Scotiabank lifted their target price on CGI from C$160.00 to C$170.00 in a report on Friday, August 2nd. Sanford C. Bernstein upped their price objective on shares of CGI from C$127.00 to C$138.00 and gave the company a "buy" rating in a report on Thursday, August 1st. Desjardins raised their target price on shares of CGI from C$166.00 to C$172.00 and gave the stock a "buy" rating in a report on Thursday, August 1st. Royal Bank of Canada upped their price target on shares of CGI from C$170.00 to C$178.00 in a report on Thursday, November 7th. Finally, Jefferies Financial Group lifted their price target on CGI from C$121.00 to C$132.00 and gave the company a "buy" rating in a research report on Thursday, August 1st. Eleven research analysts have rated the stock with a buy rating, According to MarketBeat, the company has an average rating of "Buy" and a consensus target price of C$169.83.
View Our Latest Report on CGI
About CGI
(
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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.
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