CGI Inc (TSE:GIB.A - Get Free Report) NYSE: GIB declared a quarterly dividend on Friday, May 16th, TickerTech Dividends reports. Shareholders of record on Friday, June 20th will be paid a dividend of 0.15 per share on Friday, June 20th. This represents a $0.60 dividend on an annualized basis and a yield of 0.40%. The ex-dividend date of this dividend is Friday, May 16th.
CGI Trading Down 0.7%
Shares of GIB.A opened at C$149.96 on Wednesday. The company has a debt-to-equity ratio of 34.24, a quick ratio of 0.97 and a current ratio of 1.16. CGI has a fifty-two week low of C$132.06 and a fifty-two week high of C$175.35. The firm has a 50 day moving average price of C$144.83 and a 200-day moving average price of C$154.38. The firm has a market cap of C$30.56 billion, a price-to-earnings ratio of 20.97, a PEG ratio of 2.24 and a beta of 0.86.
Analyst Ratings Changes
A number of research firms have issued reports on GIB.A. CIBC boosted their price objective on shares of CGI from C$178.00 to C$183.00 and gave the company an "outperform" rating in a research report on Thursday, January 30th. Raymond James reduced their price target on CGI from C$183.00 to C$178.00 and set an "outperform" rating on the stock in a report on Thursday, May 1st. TD Securities lifted their price objective on CGI from C$180.00 to C$190.00 and gave the stock a "buy" rating in a research report on Thursday, January 30th. Stifel Nicolaus boosted their target price on CGI from C$180.00 to C$185.00 in a research note on Thursday, January 30th. Finally, Desjardins raised their price target on CGI from C$178.00 to C$190.00 and gave the stock a "buy" rating in a research note on Thursday, January 30th. Eleven equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has an average rating of "Buy" and an average price target of C$175.85.
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About CGI
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CGI Inc, together with its subsidiaries, provides information technology (IT) and business process services in Canada, Northern Europe, France, the United States, the United Kingdom, Europe, and the Asia Pacific. Its services include the management of IT and business outsourcing, systems integration and consulting, and software solutions selling activities.
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