CGI Inc. (NYSE:GIB – Get Ranking) (TSE:GIB.A) has been assigned a mean ranking of “Maintain” from the fourteen analysis corporations which are at the moment masking the corporate, MarketBeat experiences. Two analysis analysts have rated the inventory with a promote advice, one has assigned a maintain advice and 5 have given a purchase advice to the corporate. The common 1 yr goal worth amongst brokerages which have up to date their protection on the inventory within the final yr is $123.13.
A number of analysts not too long ago issued experiences on the inventory. Canaccord Genuity Group elevated their worth goal on shares of CGI from C$120.00 to C$125.00 in a analysis report on Thursday, July twenty eighth. TD Securities elevated their worth goal on shares of CGI from C$130.00 to C$135.00 in a analysis observe on Thursday, July twenty eighth. Royal Financial institution of Canada elevated their worth goal on shares of CGI from C$120.00 to C$130.00 in a analysis observe on Thursday, July twenty eighth. BMO Capital Markets elevated their worth goal on shares of CGI from C$120.00 to C$125.00 in a analysis observe on Thursday, July twenty eighth. Lastly, Societe Generale raised shares of CGI from a “maintain” ranking to a “purchase” ranking in a analysis observe on Friday, April twenty ninth.
Hedge Funds Weigh In On CGI
A number of giant buyers have not too long ago modified their holdings of GIB. Geode Capital Administration LLC raised its stake in CGI by 6.5% throughout the fourth quarter. Geode Capital Administration LLC now owns 638,236 shares of the know-how firm’s inventory value $56,210,000 after shopping for a further 38,916 shares over the last quarter. Russell Investments Group Ltd. raised its stake in CGI by 8.5% throughout the first quarter. Russell Investments Group Ltd. now owns 183,870 shares of the know-how firm’s inventory value $14,659,000 after shopping for a further 14,394 shares over the last quarter. Banque Pictet & Cie SA raised its stake in CGI by 19.8% throughout the first quarter. Banque Pictet & Cie SA now owns 18,238 shares of the know-how firm’s inventory value $1,454,000 after shopping for a further 3,014 shares over the last quarter. Intercontinental Wealth Advisors LLC raised its stake in CGI by 7.5% throughout the fourth quarter. Intercontinental Wealth Advisors LLC now owns 7,968 shares of the know-how firm’s inventory value $706,000 after shopping for a further 556 shares over the last quarter. Lastly, Duality Advisers LP purchased a brand new place in CGI throughout the first quarter value $341,000. Institutional buyers personal 51.18% of the corporate’s inventory.
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NYSE GIB opened at $83.47 on Monday. The corporate has a present ratio of 1.12, a fast ratio of 0.82 and a debt-to-equity ratio of 0.44. The agency has a market capitalization of $20.00 billion, a price-to-earnings ratio of 17.87, a P/E/G ratio of 1.94 and a beta of 0.95. The agency’s 50 day easy shifting common is $82.11 and its 200 day easy shifting common is $81.98. CGI has a 1 yr low of $73.76 and a 1 yr excessive of $93.93.
About CGI
(Get Ranking)
CGI Inc, along with its subsidiaries, offers data know-how (IT) and enterprise course of companies in Canada; Western, Southern, Central, and Japanese Europe; Australia; Scandinavia; Finland, Poland, and Baltics; the US; the UK; and the Asia Pacific. Its companies embody the administration of IT and enterprise outsourcing, techniques integration and consulting, and software program options promoting actions.
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