Headlines about CGI Group (NYSE:GIB) (TSE:GIB.A) have trended somewhat positive on Friday, according to Accern Sentiment. The research firm identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. CGI Group earned a daily sentiment score of 0.07 on Accern’s scale. Accern also assigned headlines about the technology company an impact score of 46.5896270277925 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Shares of CGI Group (GIB) traded down $0.07 on Friday, hitting $54.06. 212,440 shares of the stock were exchanged, compared to its average volume of 181,354. The company has a market cap of $13,760.00, a price-to-earnings ratio of 19.66, a price-to-earnings-growth ratio of 1.90 and a beta of 0.87. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.06 and a quick ratio of 0.72. CGI Group has a 52-week low of $45.81 and a 52-week high of $54.99.

CGI Group (NYSE:GIB) (TSE:GIB.A) last announced its earnings results on Wednesday, November 8th. The technology company reported $0.74 earnings per share for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.01). CGI Group had a net margin of 9.52% and a return on equity of 17.51%. sell-side analysts expect that CGI Group will post 3.15 earnings per share for the current fiscal year.

A number of equities research analysts have recently weighed in on GIB shares. Royal Bank of Canada reaffirmed an “outperform” rating and set a $85.00 target price (up previously from $75.00) on shares of CGI Group in a research note on Thursday, November 9th. Zacks Investment Research lowered shares of CGI Group from a “buy” rating to a “hold” rating in a research note on Friday, November 3rd. Finally, Scotiabank lifted their target price on shares of CGI Group from $71.00 to $72.00 and gave the company an “outperform” rating in a research note on Thursday, November 9th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $69.00.

TRADEMARK VIOLATION WARNING: “Somewhat Positive Media Coverage Somewhat Unlikely to Affect CGI Group (GIB) Share Price” was originally published by Watch List News and is the property of of Watch List News. If you are reading this news story on another site, it was stolen and republished in violation of US and international copyright & trademark laws. The correct version of this news story can be viewed at https://www.watchlistnews.com/somewhat-positive-media-coverage-somewhat-unlikely-to-affect-cgi-group-gib-share-price/1814657.html.

About CGI Group

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.

Insider Buying and Selling by Quarter for CGI Group (NYSE:GIB)

Receive News & Ratings for CGI Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CGI Group and related companies with MarketBeat.com's FREE daily email newsletter.