TD Securities Upgrades CGI Group (TSE:GIB) to “Strong-Buy”

CGI Group (TSE:GIB) was upgraded by investment analysts at TD Securities to a “strong-buy” rating in a research report issued on Wednesday,Zacks.com reports.

Other equities research analysts also recently issued research reports about the company. Scotiabank raised CGI Group to a “hold” rating in a report on Tuesday. Jefferies Financial Group lowered shares of CGI Group from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Finally, Cibc Captl Mkts lowered CGI Group from a “strong-buy” rating to a “hold” rating in a research report on Sunday, December 14th. One research analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.

CGI Group Stock Performance

CGI Group Company Profile

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.