CGI Inc (TSE:GIB.A - Get Free Report) NYSE: GIB's stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$145.70 and traded as high as C$155.77. CGI shares last traded at C$154.47, with a volume of 197,335 shares changing hands.
Analyst Ratings Changes
Several brokerages recently issued reports on GIB.A. Raymond James raised their target price on shares of CGI from C$167.00 to C$171.00 and gave the company an "outperform" rating in a research note on Thursday, August 1st. Sanford C. Bernstein lifted their target price on CGI from C$127.00 to C$138.00 and gave the stock a "buy" rating in a report on Thursday, August 1st. BMO Capital Markets increased their price objective on shares of CGI from C$160.00 to C$170.00 and gave the stock an "outperform" rating in a research report on Monday, July 29th. Scotiabank lifted their price objective on shares of CGI from C$160.00 to C$170.00 in a research note on Friday, August 2nd. Finally, TD Securities lifted their price target on shares of CGI from C$160.00 to C$180.00 and gave the company a "buy" rating in a research report on Thursday, August 1st. One equities research analyst has rated the stock with a hold rating and ten have issued a buy rating to the company's stock. Based on data from MarketBeat.com, CGI presently has a consensus rating of "Moderate Buy" and an average target price of C$165.25.
Check Out Our Latest Analysis on CGI
CGI Price Performance
The firm has a market capitalization of C$31.76 billion, a P/E ratio of 21.66, a P/E/G ratio of 1.48 and a beta of 0.86. The company has a debt-to-equity ratio of 34.24, a current ratio of 1.16 and a quick ratio of 0.97. The stock's fifty day simple moving average is C$151.45 and its 200 day simple moving average is C$145.66.
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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