BMO Capital Maintains Their Buy Rating on CGI Group Cl A SV (GIB.A)
CGI Group Cl A SV (GIB.A), the Technology company, was revisited by a Wall Street analyst today. Analyst Thanos Moschopoulos from BMO Capital reiterated a Buy rating, with a C$94 price target.
Moschopoulos has an average return of 12.2% when recommending CGI Group Cl A SV.
According to TipRanks.com, Moschopoulos is ranked #1885 out of 5142 analysts.
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Currently, the analyst consensus on CGI Group Cl A SV is a Strong Buy with an average price target of C$91.92.
Based on CGI Group Cl A SV’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of C$293 million. In comparison, last year the company had a net profit of C$208 million.
CGI Group, Inc. engages in the provision of IT and consulting services. Its services include application services, business services, business process services, infrastructure services, IT outsourcing services, and system integration services.
The company’s shares closed on Tuesday at C$84.95, close to its 52-week high of C$87.22.