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CGI Group (GIB) Gets a Buy Rating from Desjardins


According to The Fly, in a report released yesterday, Maher Yaghi from Desjardins reiterated a Buy rating on CGI Group (GIB). The company’s shares opened today at $61.91.

Yaghi has an average return of 8.5% when recommending CGI Group.

According to TipRanks.com, Yaghi is ranked #822 out of 4912 analysts.

CGI Group has an analyst consensus of Moderate Buy, with a price target consensus of $69, implying an 11.5% upside from current levels. In a report issued on November 7, Raymond James also maintained a Buy rating on the stock.

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CGI Group’s market cap is currently $17.41B and has a P/E ratio of 19.77. The company has a Price to Book ratio of 3.34.

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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.