TSE:GIB.A

CGI (GIB.A) Stock Price, News & Analysis

C$145.13
+2.14 (+1.50%)
(As of 04/22/2024 ET)
Today's Range
C$143.31
C$145.41
50-Day Range
C$141.92
C$159.66
52-Week Range
C$127.73
C$160.40
Volume
410,571 shs
Average Volume
306,567 shs
Market Capitalization
C$29.95 billion
P/E Ratio
20.97
Dividend Yield
5.35%
Price Target
C$166.36

CGI MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.90 Rating Score
Upside/​Downside
14.6% Upside
C$166.36 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.25 out of 5 stars

GIB.A stock logo

About CGI Stock (TSE:GIB.A)

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. The company also offers application development, management, testing, portfolio management, and modernization services; business consulting, including agile, business transformation, change management, CIO advisory, cybersecurity, data analytics, digital enterprise, project management, and industry-specific services; and a suite of business process services designed to address the needs of specific industries, as well as IT infrastructure consulting, solutions, and services. It serves clients operating in government, financial services, health, utility, communication, oil and gas, manufacturing, retail and consumer service, transportation, and post and logistics sectors. The company was formerly known as CGI Group Inc. and changed its name to CGI Inc. in January 2019. CGI Inc. was founded in 1976 and is headquartered in Montreal, Canada.

GIB.A Stock Price History

GIB.A Stock News Headlines

SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
CGI in India named as a Top Employer 2024
Better Buy: CGI Stock or OpenText?
RBC Capital Reaffirms Their Buy Rating on CGI Group (GIB)
CGI Inc. (NYSE:GIB) Q1 2024 Earnings Call Transcript
CGI reports director election results
CGI, Beyond Oil at 52-Week Highs on News
CGI, Parkland at 52-Week Highs on News
Bay Street Likely To Inch Higher In Cautious Trade
See More Headlines
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Industry, Sector and Symbol

Industry
Information Technology Services
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
74,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$166.36
High Stock Price Target
C$175.00
Low Stock Price Target
C$150.00
Potential Upside/Downside
+14.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.90
Research Coverage
10 Analysts

Profitability

Net Income
C$1.64 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$14.45 billion
Cash Flow
C$5.23 per share
Book Value
C$37.40 per share

Miscellaneous

Free Float
N/A
Market Cap
C$29.95 billion
Optionable
Not Optionable
Beta
0.80
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Key Executives

  • Mr. Serge Godin (Age 70)
    Founder & Exec. Chairman
  • Mr. George D. Schindler (Age 56)
    Pres, CEO & Director
  • Ms. Julie Godin (Age 44)
    Vice-Chair of the Board, Exec. VP and Chief Planning & Admin. Officer
  • Mr. André Imbeau (Age 69)
    Co-Founder & Director
  • Mr. François Boulanger
    Exec. VP & CFO

Should I Buy CGI Stock? GIB.A Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in CGI Inc:

  • CGI Inc. provides IT and business process services in multiple regions, offering diversification and exposure to various markets.
  • The company has a strong track record of providing software solutions and IT services, indicating expertise in the industry.
  • CGI Inc. offers a suite of business process services tailored to specific industries, potentially leading to specialized and high-demand offerings.
  • Recent positive analyst recommendations for CGI Inc. (TSE: GIB.A) may indicate growth potential and market confidence.
  • Investors may find CGI Inc.'s current stock price attractive for potential value opportunities.

Cons

Investors should be bearish about investing in CGI Inc for these reasons:

  • CGI Inc. operates in a competitive industry where technological advancements and rapid changes can pose challenges.
  • Market volatility and economic uncertainties could impact CGI Inc.'s performance and financial results.
  • Fluctuations in currency exchange rates may affect CGI Inc.'s international operations and financial stability.
  • Regulatory changes in the countries where CGI Inc. operates could lead to compliance issues and additional costs.
  • CGI Inc.'s dependency on key sectors like government and financial services may expose it to sector-specific risks.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, April 12, 2024. Please send any questions or comments about these CGI pros and cons to contact@marketbeat.com.

GIB.A Stock Analysis - Frequently Asked Questions

Should I buy or sell CGI stock right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CGI in the last year. There are currently 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" GIB.A shares.
View GIB.A analyst ratings
or view top-rated stocks.

What is CGI's stock price target for 2024?

10 equities research analysts have issued 1 year price targets for CGI's shares. Their GIB.A share price targets range from C$150.00 to C$175.00. On average, they predict the company's share price to reach C$166.36 in the next year. This suggests a possible upside of 14.6% from the stock's current price.
View analysts price targets for GIB.A
or view top-rated stocks among Wall Street analysts.

How have GIB.A shares performed in 2024?

CGI's stock was trading at C$141.95 on January 1st, 2024. Since then, GIB.A stock has increased by 2.2% and is now trading at C$145.13.
View the best growth stocks for 2024 here
.

How do I buy shares of CGI?

Shares of GIB.A stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:GIB.A) was last updated on 4/23/2024 by MarketBeat.com Staff

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