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CGI (GIB) Stock Forecast & Price Target

$107.49
-0.01 (-0.01%)
(As of 02:10 PM ET)

CGI - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 4 Wall Street analysts who have issued ratings for CGI in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 4 analysts, 2 have given a hold rating, and 2 have given a buy rating for GIB.

Consensus Price Target

$132.67
23.42% Upside
High Forecast$165.00
Average Forecast$132.67
Low Forecast$112.00

According to the 4 analysts' twelve-month price targets for CGI, the average price target is $132.67. The highest price target for GIB is $165.00, while the lowest price target for GIB is $112.00. The average price target represents a forecasted upside of 23.42% from the current price of $107.49.

TypeCurrent Forecast
7/24/23 to 7/23/24
1 Month Ago
6/24/23 to 6/23/24
3 Months Ago
4/25/23 to 4/24/24
1 Year Ago
7/24/22 to 7/24/23
Consensus Rating
Moderate Buy
Moderate Buy
N/A
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
N/A
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
1 Buy rating(s)
N/A
1 Buy rating(s)
Hold
2 Hold rating(s)
1 Hold rating(s)
N/A
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
N/A
0 Sell rating(s)
Consensus Price Target$132.67$165.00N/AN/A
Forecasted Upside23.42% Upside61.51% UpsideN/AN/A
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GIB Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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GIB Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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CGI Stock vs. The Competition

TypeCGIComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.50
2.61
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside23.41% Upside119.26% Upside9.25% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/19/2024UBS Group
4 of 5 stars
K. Mcveigh
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Initiated CoverageNeutral$112.00+5.19%
7/16/2024Jefferies Financial Group
2 of 5 stars
 Boost TargetBuy$120.00 ➝ $121.00+13.55%
6/21/2024CIBC
3 of 5 stars
 DowngradeSector Outperform ➝ Neutral
5/2/2024TD Securities
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 UpgradeHold ➝ Buy
2/2/2023Desjardins
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J. Dubreuil
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Boost TargetC$136.00 ➝ C$140.00
2/2/2023BMO Capital Markets
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 Boost TargetC$125.00 ➝ C$133.00
2/2/2023Raymond James
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 Boost TargetC$134.00 ➝ C$138.00
2/2/2023Stifel Nicolaus
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 Boost TargetC$125.00 ➝ C$140.00
2/2/2023Scotiabank
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 Boost TargetC$135.00 ➝ C$140.00
2/2/2023Royal Bank of Canada
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 Boost TargetC$130.00 ➝ C$145.00
11/14/2022Societe Generale
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 DowngradeBuy ➝ Hold
7/28/2022Canaccord Genuity Group
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Robert Young
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Boost TargetC$120.00 ➝ C$125.00

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 02:41 PM ET.

GIB Forecast - Frequently Asked Questions

What is CGI's forecast for 2024?

According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for CGI is $132.67, with a high forecast of $165.00 and a low forecast of $112.00.

Should I buy or sell CGI stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CGI in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" GIB shares.

Does CGI's stock price have much upside?

According to analysts, CGI's stock has a predicted upside of 25.58% based on their 12-month stock forecasts.

Has CGI been upgraded or downgraded by Wall Street analysts recently?

Over the previous 90 days, CGI's stock had 1 upgrade and 1 downgrade by analysts.

What analysts cover CGI?

CGI has been rated by research analysts at CIBC, Jefferies Financial Group, TD Securities, and UBS Group in the past 90 days.

Do Wall Street analysts like CGI more than its competitors?

Analysts like CGI less than other "computer and technology" companies. The consensus rating score for CGI is 2.50 while the average consensus rating score for "computer and technology" companies is 2.61. Learn more on how GIB compares to other companies.


This page (NYSE:GIB) was last updated on 7/23/2024 by MarketBeat.com Staff

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