CGI Group (TSE:GIB) Downgraded by TD Securities to “Hold”

TD Securities lowered shares of CGI Group (TSE:GIBFree Report) from a strong-buy rating to a hold rating in a research note published on Thursday,Zacks.com reports.

Separately, Royal Bank Of Canada downgraded shares of CGI Group from a “moderate buy” rating to a “hold” rating in a research note on Thursday, April 30th. Five research analysts have rated the stock with a Hold rating, According to MarketBeat.com, CGI Group presently has a consensus rating of “Hold”.

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CGI Group Company Profile

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CGI Inc, together with its subsidiaries, provides information technology (IT) and business process services in Canada; Western, Southern, Central, and Eastern Europe; Australia; Scandinavia; Finland, Poland, and Baltics; the United States; the United Kingdom; and the Asia Pacific. Its services include the management of IT and business outsourcing, systems integration and consulting, and software solutions selling activities. The company also offers application development, integration and maintenance, testing, portfolio management, and modernization services; business consulting; and a suite of business process services designed to address the needs of specific industries, as well as IT infrastructure services.

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