CGI Group Cl A SV (TSX: GIB.A) has received a rating update from a Wall Street analyst today. The company received a Buy rating from Desjardins’ analyst Maher Yaghi, with a C$93.50 price target.
According to TipRanks.com, Yaghi is a 4-star analyst with an average return of 7.1% and a 67.8% success rate. Yaghi covers the Technology sector, focusing on stocks such as CGI Group, BCE Inc, and Telus.
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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$93.75.
CGI Group Cl A SV’s market cap is currently C$22.03B and has a P/E ratio of 21.3. The company has a Price to Book ratio of 3.27.
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$81.30.
