CGI Group Cl A SV (GIB.A), the Technology company, has received a rating update from a Wall Street analyst today. Analyst Robert Young from Canaccord Genuity rated CGI Group Cl A SV (GIB.A) a Buy, setting a C$90 price target.
Young has an average return of 11.3% when recommending CGI Group Cl A SV.
According to TipRanks.com, Young is ranked #402 out of 4907 analysts.
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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CGI Group Cl A SV with a C$91.63 average price target, implying a 12.5% 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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CGI Group Cl A SV’s market cap is currently C$22.23B and has a P/E ratio of 21.4. The company has a Price to Book ratio of 3.40.
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 Wednesday at C$81.47.
