CGI Inc (TSE:GIB.A - Get Free Report) NYSE: GIB's stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$147.11 and traded as high as C$151.83. CGI shares last traded at C$151.42, with a volume of 771,070 shares.
Analysts Set New Price Targets
A number of equities analysts recently weighed in on GIB.A shares. Jefferies Financial Group increased 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. Scotiabank raised their price objective on shares of CGI from C$160.00 to C$170.00 in a research note on Friday, August 2nd. TD Securities boosted their target price on shares of CGI from C$160.00 to C$180.00 and gave the company a "buy" rating in a research note on Thursday, August 1st. Canaccord Genuity Group raised their target price on CGI from C$170.00 to C$175.00 in a research report on Thursday, November 7th. Finally, Raymond James increased their price objective on CGI from C$171.00 to C$180.00 in a research note on Thursday, November 7th. Eleven research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of C$169.83.
Get Our Latest Stock Analysis on GIB.A
CGI Trading Up 0.6 %
The company has a market cap of C$30.86 billion, a price-to-earnings ratio of 21.18, a price-to-earnings-growth ratio of 2.24 and a beta of 0.86. The company's 50 day moving average price is C$155.72 and its 200 day moving average price is C$147.16. The company has a debt-to-equity ratio of 34.24, a quick ratio of 0.97 and a current ratio of 1.16.
CGI Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Friday, December 20th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.40%. The ex-dividend date of this dividend is Wednesday, November 20th.
CGI Company Profile
(
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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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