CGI Group Inc (GIB.A) Price Target Raised to C$80.00 at Royal Bank Of Canada
CGI Group Inc (TSE:GIB.A) (NYSE:GIB) had its price objective upped by Royal Bank Of Canada from C$75.00 to C$80.00 in a research report released on Thursday morning. Royal Bank Of Canada currently has an outperform rating on the stock.
A number of other research analysts also recently issued reports on GIB.A. Scotiabank lifted their price target on shares of CGI Group from C$71.00 to C$72.00 and gave the stock an outperform rating in a research note on Thursday. Eight Capital downgraded shares of CGI Group from a buy rating to a neutral rating and decreased their price target for the stock from C$74.00 to C$72.00 in a research note on Wednesday, July 19th. Raymond James Financial, Inc. lifted their price target on shares of CGI Group from C$72.00 to C$76.00 and gave the stock an outperform rating in a research note on Monday, October 30th. Finally, National Bank Financial reiterated an outperform rating and issued a C$80.00 price target on shares of CGI Group in a research note on Wednesday, August 23rd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have given a buy rating to the company. The stock has a consensus rating of Buy and a consensus target price of C$73.00.
CGI Group (GIB.A) traded up C$0.72 during midday trading on Thursday, hitting C$67.65. 584,936 shares of the stock traded hands, compared to its average volume of 372,381. CGI Group has a twelve month low of C$60.91 and a twelve month high of C$69.36.
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CGI Group Company Profile
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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