CGI (TSE: GIB.A) recently received a number of ratings updates from brokerages and research firms:
- 7/30/2026 – CGI had its price target raised by Desjardins from C$117.00 to C$118.00. They now have a “buy” rating on the stock.
- 7/30/2026 – CGI had its price target raised by Stifel Nicolaus from C$110.00 to C$120.00. They now have a “buy” rating on the stock.
- 7/30/2026 – CGI had its price target raised by TD from C$99.00 to C$118.00. They now have a “hold” rating on the stock.
- 7/30/2026 – CGI had its price target raised by Canadian Imperial Bank of Commerce from C$107.00 to C$108.00.
- 7/23/2026 – CGI was downgraded by TD from “buy” to “hold”. They now have a C$99.00 price target on the stock, down from C$102.00.
- 7/21/2026 – CGI had its price target lowered by Desjardins from C$147.00 to C$117.00. They now have a “buy” rating on the stock.
CGI Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Friday, September 18th will be paid a dividend of $0.17 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $0.68 annualized dividend and a yield of 0.7%. CGI’s dividend payout ratio (DPR) is currently 6.09%.
Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 94,000 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.
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