CGI (TSE:GIB.A) Price Target Raised to C$110.00 Posted by Ethan Ryder
CGI (TSE:GIB.A) (NYSE:GIB) had its price target raised by Raymond James from C$104.00 to C$110.00 in a research note published on Wednesday,
Other research analysts also recently issued research reports about the company. BMO Capital Markets upgraded TMAC Resources from a market perform rating to an outperform rating in a research note on Thursday, May 2nd. Canaccord Genuity reiterated a buy rating and set a $10.00 price target on shares of Chembio Diagnostics in a research report on Thursday, May 2nd. TD Securities dropped their price target on WPX Energy from $19.00 to $18.50 and set a buy rating for the company in a research report on Thursday, May 2nd. Royal Bank of Canada set a $42.00 price target on Devon Energy and gave the company a hold rating in a research report on Thursday, May 2nd. Finally, National Bank Financial dropped their price target on Stelco from C$21.00 to C$18.00 and set an outperform rating for the company in a research report on Thursday, May 2nd. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. The company presently has an average rating of Buy and an average price target of C$104.15. Get CGI alerts:
Shares of GIB.A opened at C$105.74 on Wednesday. The business has a 50-day moving average price of C$101.88. CGI has a fifty-two week low of C$75.54 and a fifty-two week high of C$104.22. The stock has a market cap of $24.60 billion and a price-to-earnings ratio of 24.72. The company has a current ratio of 1.16, a quick ratio of 0.98 and a debt-to-equity ratio of 31.19. About CGI
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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