CGI Group Cl A SV (TSX: GIB.A), the Technology company, has received a rating update from a Wall Street analyst yesterday. The company received a Buy rating from GMP FirstEnergy’s analyst Deepak Kaushal, with a C$95 price target.
Kaushal has an average return of 17.7% when recommending CGI Group Cl A SV.
According to TipRanks.com, Kaushal is ranked #1750 out of 4850 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$92.10, implying a 9.5% upside from current levels. In a report issued on August 1, National Bank also maintained a Buy rating on the stock with a C$100 price target.
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CGI Group Cl A SV’s market cap is currently C$23.62B and has a P/E ratio of 23.3. The company has a Price to Book ratio of 3.51.
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$84.10, close to its 52-week high of C$87.22.
