A number of other analysts have also issued reports on the company. TD Securities reissued a buy rating and issued a C$65.00 price target on shares of CGI Group in a research note on Monday, July 25th. CIBC raised their price target on CGI Group from C$65.00 to C$68.50 and gave the stock an outperform rating in a research note on Friday, August 19th. Royal Bank Of Canada reissued an outperform rating on shares of CGI Group in a research note on Wednesday, June 22nd. Canaccord Genuity raised their price target on CGI Group from C$68.00 to C$70.00 in a research note on Thursday, July 28th. Finally, Desjardins set a C$67.50 price target on CGI Group in a research note on Thursday, July 28th. One analyst has rated the stock with a sell rating, two have given a hold rating and twelve have assigned a buy rating to the company. The company has an average rating of Buy and a consensus target price of C$64.75.
About CGI Group
CGI Group Inc (CGI) is a Canada-based company that provides information technology (IT) consulting, systems integration, IT outsourcing and business solutions. The Company’s delivery model provides for work to be carried out onsite at client premises, or through its centers located globally. In addition, CGI has a range of business solutions, which helps its clients and shareholders.
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