CGI Inc (TSE:GIB.A - Get Free Report) NYSE: GIB's stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$154.15 and traded as low as C$149.33. CGI shares last traded at C$151.33, with a volume of 290,849 shares.
Analyst Ratings Changes
A number of research analysts have commented on the company. Stifel Nicolaus increased their target price on CGI from C$180.00 to C$185.00 in a report on Thursday, January 30th. CIBC increased their price target on CGI from C$178.00 to C$183.00 and gave the stock an "outperform" rating in a research report on Thursday, January 30th. TD Securities increased their price target 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. Scotiabank dropped their price target on CGI from C$185.00 to C$175.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 29th. Finally, BMO Capital Markets increased their price target on CGI from C$177.00 to C$190.00 and gave the stock an "outperform" rating in a research report on Thursday, January 30th. Eleven research analysts have rated the stock with a buy rating, According to MarketBeat, the stock has an average rating of "Buy" and a consensus target price of C$175.85.
Read Our Latest Analysis on CGI
CGI Trading Down 1.5%
The company has a current ratio of 1.16, a quick ratio of 0.97 and a debt-to-equity ratio of 34.24. The stock has a market capitalization of C$29.73 billion, a price-to-earnings ratio of 20.40, a PEG ratio of 2.24 and a beta of 0.86. The firm has a 50-day moving average of C$144.95 and a 200 day moving average of C$153.92.
CGI Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, June 20th. Investors of record on Friday, June 20th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.41%. The ex-dividend date is Friday, May 16th.
CGI Company Profile
(
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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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