CGI (TSE:GIB.A) Price Target Raised to C$132.00

CGI (TSE:GIB.A) (NYSE:GIB) had its price objective lifted by BMO Capital Markets from C$117.00 to C$132.00 in a research report sent to investors on Thursday morning,BayStreet reports. BMO Capital Markets currently has an outperform rating on the stock.

Several other analysts have also issued reports on GIB.A. Canadian Imperial Bank of Commerce boosted their target price on shares of CGI from C$107.00 to C$108.00 in a research report on Thursday, July 30th. Scotia increased their price target on shares of CGI from C$95.00 to C$110.00 and gave the stock a “sector perform” rating in a research report on Thursday. TD lifted their price target on shares of CGI from C$118.00 to C$125.00 and gave the stock a “hold” rating in a research note on Thursday. Royal Bank Of Canada lifted their price target on shares of CGI from C$100.00 to C$115.00 and gave the stock a “sector perform” rating in a research note on Thursday. Finally, National Bank Financial boosted their price objective on shares of CGI from C$135.00 to C$145.00 and gave the company an “outperform” rating in a research report on Thursday. Seven equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, CGI has a consensus rating of “Moderate Buy” and a consensus price target of C$128.85.

CGI Stock Performance

Shares of CGI stock traded up C$0.02 during trading hours on Thursday, reaching C$116.83. 563,400 shares of the stock traded hands, compared to its average volume of 654,333. CGI has a one year low of C$83.34 and a one year high of C$131.97. The firm has a market capitalization of C$24.19 billion, a price-to-earnings ratio of 14.51, a P/E/G ratio of 2.24 and a beta of 0.29. 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 company has a 50 day moving average price of C$105.15 and a 200 day moving average price of C$100.20.

CGI (TSE:GIB.A) (NYSE:GIB) last issued its quarterly earnings data on Wednesday, November 11th. The company reported C$2.31 earnings per share for the quarter. CGI had a net margin of 11.51% and a return on equity of 19.51%. The firm had revenue of C$4.15 billion for the quarter. On average, equities research analysts expect that CGI will post 8.37 earnings per share for the current fiscal year.

CGI News Roundup

Investors following GIB.A have been watching these news items:

• Positive Sentiment: CGI reported C$2.31 in quarterly EPS and C$4.15 billion in revenue. Its earnings-call coverage highlighted growth, AI momentum and expansion, which may reinforce investor confidence in its growth prospects; the supplied reports do not state whether results beat expectations. Earnings call highlights Q4 earnings call transcript
• Neutral Sentiment: CGI filed financial materials for the year ended September 30, 2026. The filing is a disclosure update, with no specific new financial catalyst detailed in the report. CGI financial materials filing
• Negative Sentiment: Not all target increases imply upside: Scotia raised its target to C$110 and RBC to C$115, both below the cited share price, and each retained a sector-perform rating. This signals some analysts see limited near-term upside at current levels. Scotia target RBC target

CGI Company Profile

Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 94,000 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results.