CGI Inc (TSE:GIB.A) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Analysts give CGI a consensus rating of Moderate Buy from seven firms (five Buy, two Hold), with an average 12‑month target of C$147.67.
• Recent analyst moves are mixed: Desjardins and TD raised targets to C$157 and C$153 (Buy), while RBC, Scotiabank and CIBC trimmed targets to C$150, C$140 and C$132 respectively, indicating divergent views on near‑term upside.
• CGI trades around C$101.70 (one‑year range C$95.84–C$152.63) with a P/E of ~13.6, last quarter EPS of C$2.12, and a modest annual dividend yield of 0.7% (payout ratio 6.03%).

Shares of CGI Inc (TSE:GIB.A - Get Free Report) NYSE: GIB have earned a consensus recommendation of "Moderate Buy" from the seven ratings firms that are presently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is C$147.67.

GIB.A has been the subject of a number of research reports. Desjardins set a C$157.00 price target on shares of CGI and gave the stock a "buy" rating in a research report on Thursday, January 29th. Royal Bank Of Canada dropped their target price on CGI from C$165.00 to C$150.00 and set an "outperform" rating on the stock in a report on Monday, January 26th. Scotiabank set a C$140.00 price target on CGI and gave the stock a "sector perform" rating in a report on Tuesday, January 27th. TD Securities lifted their price objective on shares of CGI from C$145.00 to C$153.00 and gave the company a "buy" rating in a research note on Thursday, January 29th. Finally, Canadian Imperial Bank of Commerce reduced their target price on shares of CGI from C$139.00 to C$132.00 in a research report on Thursday, January 29th.

CGI Trading Up 0.7%

TSE GIB.A opened at C$101.70 on Wednesday. CGI has a one year low of C$95.84 and a one year high of C$152.63. The company's 50 day moving average price is C$104.96 and its 200 day moving average price is C$118.06. The company has a debt-to-equity ratio of 34.24, a quick ratio of 0.97 and a current ratio of 1.16. The firm has a market capitalization of C$21.84 billion, a price-to-earnings ratio of 13.63, a PEG ratio of 2.24 and a beta of 0.10.

CGI (TSE:GIB.A - Get Free Report) NYSE: GIB last released its quarterly earnings data on Wednesday, January 28th. The company reported C$2.12 earnings per share (EPS) for the quarter. CGI had a net margin of 11.51% and a return on equity of 19.51%. The company had revenue of C$4.08 billion during the quarter. On average, sell-side analysts predict that CGI will post 8.3679245 EPS for the current year.

CGI Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Friday, March 20th were given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Wednesday, February 18th. CGI's dividend payout ratio is presently 6.03%.

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.

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