CGI Group Cl A SV (GIB.A): New Buy Recommendation for This Technology Giant


Shares of CGI Group Cl A SV (GIB.A) were revisited by a Wall Street analyst today. Analyst Steven Li from Raymond James reiterated a Buy rating

Li has an average return of 6.9% when recommending CGI Group Cl A SV.

According to TipRanks.com, Li is ranked #1219 out of 4907 analysts.

Read also: This Top Analyst Chimes in on Amazon’s (AMZN) New Free Shipping Move; Reiterates Buy on the Stock

Currently, the analyst consensus on CGI Group Cl A SV is a Strong Buy with an average price target of C$94.25, which is a 19.1% upside from current levels. In a report issued on October 31, Desjardins also upgraded the stock to Buy with a C$93.50 price target.

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The company has a one-year high of C$87.22 and a one-year low of C$65.14. Currently, CGI Group Cl A SV has an average volume of 539K.

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$79.12.

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