Desjardins Analysts Give CGI (TSE:GIB.A) a C$149.00 Price Target

Desjardins set a C$149.00 target price on CGI (TSE:GIB.A) (NYSE:GIB) in a research note published on Wednesday morning,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

A number of other research analysts have also recently weighed in on GIB.A. TD Securities lifted their price objective on CGI from C$145.00 to C$153.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Royal Bank Of Canada lowered their price objective on CGI from C$165.00 to C$150.00 and set an “outperform” rating on the stock in a research report on Monday, January 26th. BMO Capital Markets lowered their price objective on CGI from C$137.00 to C$122.00 and set an “outperform” rating on the stock in a research report on Monday, April 27th. Stifel Nicolaus lowered their price objective on CGI from C$160.00 to C$128.00 and set a “buy” rating on the stock in a research report on Tuesday. Finally, Canadian Imperial Bank of Commerce lowered their price objective on CGI from C$132.00 to C$112.00 in a research report on Friday, April 17th. Eight equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, CGI has an average rating of “Moderate Buy” and an average price target of C$127.46.

CGI Stock Up 1.7%

GIB.A stock opened at C$90.41 on Wednesday. CGI has a twelve month low of C$84.70 and a twelve month high of C$152.63. The company has a quick ratio of 0.97, a current ratio of 1.16 and a debt-to-equity ratio of 34.24. The stock has a market cap of C$19.42 billion, a P/E ratio of 12.12, a PEG ratio of 2.24 and a beta of 0.09. The business’s 50-day moving average price is C$100.06 and its 200-day moving average price is C$114.21.

CGI (TSE:GIB.A) (NYSE:GIB) last posted its quarterly earnings data on Wednesday, April 29th. The company reported C$2.27 earnings per share for the quarter. CGI had a return on equity of 19.51% and a net margin of 11.51%.The firm had revenue of C$4.16 billion for the quarter. On average, equities research analysts forecast that CGI will post 8.3679245 EPS for the current year.

CGI Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Investors of record on Friday, June 19th will be paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Friday, May 15th. CGI’s dividend payout ratio (DPR) is 6.03%.

Key Stories Impacting CGI

Here are the key news stories impacting CGI this week:

• Positive Sentiment: Q2 2026 earnings call highlighted strategic acquisitions and continued investment in AI that management says will drive revenue and higher?value contracts — a growth narrative investors favor. CGI Q2 2026 Earnings Call Highlights
• Positive Sentiment: CGI formed a strategic partnership with Cleura to expand sovereign cloud and AI offerings in the Nordics, supporting revenue diversification in high-growth, regulated markets. CGI expands sovereign cloud and AI offerings
• Positive Sentiment: Board declared a quarterly dividend of C$0.17 per share (ex-dividend May 15; record/pay June 19), a modest yield (~0.8%) that supports the stock’s income profile and signals capital-return discipline.
• Neutral Sentiment: Stifel Nicolaus reiterated its buy rating on CGI, indicating at least some sell?side conviction remains. Stifel keeps buy rating
• Neutral Sentiment: Several firms trimmed price targets but largely kept constructive ratings (Canaccord, Raymond James, TD, Sanford Bernstein), reflecting lower near-term multiples while preserving medium?term upside expectations. Analyst target changes (BayStreet)
• Negative Sentiment: Royal Bank of Canada downgraded CGI from “outperform” to “sector perform” and cut its target to C$100 (from C$150), signaling reduced conviction on near-term outperformance; this downgrade is a headwind for sentiment. RBC downgrade TickerReport
• Negative Sentiment: Scotia cut its target to C$110 and moved to “sector perform,” another sign that some analysts expect more modest near?term returns vs. prior forecasts. Scotia target cut

About CGI

Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 91,000 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results.