CGI Group (TSE:GIB) Raised to Strong-Buy at TD Securities

CGI Group (TSE:GIB) was upgraded by investment analysts at TD Securities to a “strong-buy” rating in a report issued on Wednesday,Zacks.com reports.

GIB has been the subject of a number of other research reports. Jefferies Financial Group cut shares of CGI Group from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Scotiabank raised shares of CGI Group to a “hold” rating in a research report on Tuesday. Finally, Cibc Captl Mkts downgraded shares of CGI Group from a “strong-buy” rating to a “hold” rating in a research note on Sunday, December 14th. One analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

CGI Group Price Performance

About CGI Group

CGI Inc, together with its subsidiaries, provides information technology (IT) and business process services in Canada; Western, Southern, Central, and Eastern Europe; Australia; Scandinavia; Finland, Poland, and Baltics; the United States; the United Kingdom; 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, integration and maintenance, testing, portfolio management, and modernization services; business consulting; and a suite of business process services designed to address the needs of specific industries, as well as IT infrastructure services.