CGI (TSE:GIB.A) (NYSE:GIB) had its price target raised by investment analysts at Eight Capital from C$86.00 to C$88.00 in a research report issued to clients and investors on Thursday. Eight Capital’s price target would suggest a potential upside of 7.74% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the company. Barclays raised their price target on CGI from C$83.00 to C$89.00 in a report on Thursday, August 2nd. Desjardins raised CGI from a “hold” rating to a “buy” rating and raised their price target for the company from C$89.00 to C$93.50 in a report on Wednesday, October 31st. TD Securities raised their price target on CGI from C$87.00 to C$96.00 and gave the company a “buy” rating in a report on Thursday, August 2nd. Raymond James raised their price target on CGI from C$85.00 to C$94.00 and gave the company a “c$85.65” rating in a report on Monday, July 23rd. Finally, CIBC lifted their target price on CGI from C$83.00 to C$90.00 and gave the company a “c$85.65” rating in a research note on Monday, July 23rd. One analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. CGI has an average rating of “Buy” and an average target price of C$90.55.
GIB.A stock opened at C$81.68 on Thursday. CGI has a fifty-two week low of C$61.73 and a fifty-two week high of C$77.22.
CGI Group Inc (CGI), directly or through its subsidiaries, manages information technology (IT) services, as well as business process services (BPS). The Company’s services include the management of IT and business functions (outsourcing), systems integration and consulting, as well as the sale of software solutions.
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