CGI Inc (TSE:GIB.A - Get Free Report) NYSE: GIB passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$152.45 and traded as high as C$159.16. CGI shares last traded at C$158.58, with a volume of 516,032 shares.
Wall Street Analyst Weigh In
Several analysts have commented on GIB.A shares. Royal Bank of Canada raised their price objective on shares of CGI from C$170.00 to C$178.00 in a report on Thursday, November 7th. Raymond James lifted their price target on CGI from C$171.00 to C$180.00 in a research report on Thursday, November 7th. CIBC upgraded CGI from a "neutral" rating to an "outperform" rating and increased their price objective for the stock from C$155.00 to C$178.00 in a report on Tuesday, October 15th. Finally, Canaccord Genuity Group upped their target price on shares of CGI from C$170.00 to C$175.00 in a research report on Thursday, November 7th. Eleven research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has a consensus rating of "Buy" and an average price target of C$169.83.
View Our Latest Research Report on CGI
CGI Stock Performance
The company has a market capitalization of C$32.67 billion, a PE ratio of 22.42, a PEG ratio of 2.24 and a beta of 0.86. 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 business has a 50 day simple moving average of C$156.92 and a 200 day simple moving average of C$152.61.
CGI Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, December 20th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.37%. The ex-dividend date was 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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