Free Trial

CGI (GIB.A) Stock Forecast & Price Target

C$145.45
-0.50 (-0.34%)
(As of 07/19/2024 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 10 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 10 analysts, 1 has given a hold rating, and 9 have given a buy rating for GIB.A.

Consensus Price Target

C$160.00
10.00% Upside
High ForecastC$175.00
Average ForecastC$160.00
Low ForecastC$127.00

According to the 10 analysts' twelve-month price targets for CGI, the average price target is C$160.00. The highest price target for GIB.A is C$175.00, while the lowest price target for GIB.A is C$127.00. The average price target represents a forecasted upside of 10.00% from the current price of C$145.45.

TypeCurrent Forecast
7/22/23 to 7/21/24
1 Month Ago
6/22/23 to 6/21/24
3 Months Ago
4/23/23 to 4/22/24
1 Year Ago
7/22/22 to 7/22/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
9 Buy rating(s)
9 Buy rating(s)
9 Buy rating(s)
6 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$160.00C$160.00C$166.36C$153.89
Forecasted Upside10.00% Upside11.79% Upside10.89% Upside22.96% Upside
Get CGI Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for GIB.A and its competitors with MarketBeat's FREE daily newsletter.

GIB.A 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.
Skip Chart & View Analyst Rating History

GIB.A 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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

CGI Stock vs. The Competition

TypeCGIComputer and Technology Companies
Consensus Rating Score
2.90
2.61
Consensus RatingModerate BuyModerate Buy
News Sentiment RatingPositive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/21/2024CIBC
3 of 5 stars
 DowngradeOutperform ➝ NeutralC$165.00 ➝ C$151.00+10.95%
5/2/2024BMO Capital Markets
3 of 5 stars
 Lower TargetOutperformC$170.00 ➝ C$160.00+14.23%
5/2/2024TD Securities
4 of 5 stars
 UpgradeHold ➝ BuyC$165.00 ➝ C$160.00+14.23%
5/2/2024Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOutperformC$170.00 ➝ C$163.00+16.37%
5/2/2024Sanford C. Bernstein
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetC$126.00 ➝ C$127.00-9.33%
4/26/2024Canaccord Genuity Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuyC$166.00 ➝ C$160.00+13.48%
4/24/2024Desjardins
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuyC$164.00 ➝ C$162.00+12.32%
2/1/2024Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperformC$150.00 ➝ C$167.00+8.72%
2/1/2024Scotiabank
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperformC$155.00 ➝ C$165.00+7.41%
1/30/2024Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuyC$160.00 ➝ C$170.00+14.09%
7/24/2023National Bankshares
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperformC$160.00 ➝ C$175.00+29.63%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 06:39 AM ET.

GIB.A Forecast - Frequently Asked Questions

What is CGI's forecast for 2024?

According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for CGI is C$160.00, with a high forecast of C$175.00 and a low forecast of C$127.00.

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 twelve months. There is 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.

Does CGI's stock price have much upside?

According to analysts, CGI's stock has a predicted upside of 11.79% 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 BMO Capital Markets, Canaccord Genuity Group, CIBC, Desjardins, Royal Bank of Canada, Sanford C. Bernstein, and TD Securities in the past 90 days.

Do Wall Street analysts like CGI more than its competitors?

Analysts like CGI more than other "computer and technology" companies. The consensus rating score for CGI is 2.90 while the average consensus rating score for "computer and technology" companies is 2.61. Learn more on how GIB.A compares to other companies.


This page (TSE:GIB.A) was last updated on 7/21/2024 by MarketBeat.com Staff

From Our Partners