CGI - GIB Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CGI in the last year. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" GIB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GIB, but not buy additional shares or sell existing shares.
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5 equities research analysts have issued 12-month price objectives for CGI's shares. Their GIB share price forecasts range from $85.44 to $135.00. On average, they predict the company's share price to reach $126.05 in the next year. This suggests a possible upside of 47.4% from the stock's current price.
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CGI's stock was trading at $88.50 at the beginning of 2022. Since then, GIB stock has decreased by 3.4% and is now trading at $85.51.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 1st 2023.
View our GIB earnings forecast.

CGI Inc. (NYSE:GIB) released its earnings results on Wednesday, November, 10th. The technology company reported $1.13 EPS for the quarter, beating the consensus estimate of $1.09 by $0.04. The technology company had revenue of $2.39 billion for the quarter, compared to the consensus estimate of $2.38 billion. CGI had a trailing twelve-month return on equity of 21.14% and a net margin of 11.40%. During the same quarter last year, the business earned $0.92 earnings per share.

Based on aggregate information from My MarketBeat watchlists, some companies that other CGI investors own include CGI (GIB.A), International Business Machines (IBM), NVIDIA (NVDA), Home Depot (HD), McDonald's (MCD), Cisco Systems (CSCO), Enbridge (ENB), Intel (INTC) and AT&T (T).

CGI trades on the New York Stock Exchange (NYSE) under the ticker symbol "GIB."

CGI's stock is owned by many different retail and institutional investors. Top institutional shareholders include Caisse DE Depot ET Placement DU Quebec (9.34%), Vanguard Group Inc. (3.00%), Jarislowsky Fraser Ltd (2.96%), Mackenzie Financial Corp (2.13%), Massachusetts Financial Services Co. MA (1.86%) and Fiera Capital Corp (1.51%).

Shares of GIB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of GIB stock can currently be purchased for approximately $85.51.

CGI (NYSE:GIB) has a market capitalization of $20.41 billion and generates $10.08 billion in revenue each year. The technology company earns $1.15 billion in net income (profit) each year or $4.73 on an earnings per share basis.

The company employs 80,000 workers across the globe.

CGI's mailing address is 1350 RENE LEVESQUE BOULEVARD WEST 25TH FLOOR, MONTREAL A8, H3G 1T4. The official website for the company is www.cgi.com. The technology company can be reached via phone at (514) 841-3200, via email at lorne.gorber@cgi.com, or via fax at 703-267-8679.