CGI (TSE:GIB.A) Price Target Raised to C$115.00

CGI (TSE:GIB.A) (NYSE:GIB) had its price target boosted by Royal Bank Of Canada from C$100.00 to C$115.00 in a research report sent to investors on Thursday morning,BayStreet reports. They currently have a sector perform rating on the stock.

GIB.A has been the subject of a number of other reports. Desjardins lowered their price objective on CGI from C$118.00 to C$115.00 and set a “buy” rating for the company in a research report on Thursday, October 8th. Stifel Nicolaus raised their price target on CGI from C$120.00 to C$130.00 and gave the stock a “buy” rating in a research note on Thursday. TD upped their target price on shares of CGI from C$99.00 to C$118.00 and gave the company a “hold” rating in a report on Thursday, July 30th. National Bank Financial lifted their price objective on shares of CGI from C$135.00 to C$145.00 and gave the company an “outperform” rating in a research report on Thursday. Finally, Canadian Imperial Bank of Commerce increased their target price on CGI from C$107.00 to C$108.00 in a research note on Thursday, July 30th. Seven investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of C$128.85.

CGI Trading Up 0.0%

CGI stock traded up C$0.02 during trading on Thursday, hitting C$116.83. The company had a trading volume of 563,400 shares, compared to its average volume of 654,333. CGI has a 1-year low of C$83.34 and a 1-year high of C$131.97. The company’s 50 day simple moving average is C$105.15 and its 200-day simple moving average is C$100.20. The stock has a market cap of C$24.19 billion, a price-to-earnings ratio of 14.51, a price-to-earnings-growth ratio of 2.24 and a beta of 0.29. The company has a current ratio of 1.16, a quick ratio of 0.97 and a debt-to-equity ratio of 34.24.

CGI (TSE:GIB.A) (NYSE:GIB) last posted its earnings results on Wednesday, November 11th. The company reported C$2.31 earnings per share (EPS) for the quarter. The firm had revenue of C$4.15 billion for the quarter. CGI had a return on equity of 19.51% and a net margin of 11.51%. As a group, analysts expect that CGI will post 8.37 EPS for the current fiscal year.

Key Stories Impacting CGI

Here are a few of the latest stories about GIB.A:

• Positive Sentiment: Several firms raised their targets and maintained positive ratings: National Bank Financial lifted its target to C$145 with an outperform rating; BMO raised its target to C$132 and kept outperform; Stifel Nicolaus raised its target to C$130 and kept buy; and Desjardins raised its target to C$126 and kept buy. TD also raised its target to C$125, while maintaining hold. National Bank Financial target BMO target Stifel target Desjardins target TD target
• Neutral Sentiment: CGI filed financial materials for the year ended September 30, 2026. The filing is a disclosure update, with no specific new financial catalyst detailed in the report. CGI financial materials filing
• Negative Sentiment: Not all target increases imply upside: Scotia raised its target to C$110 and RBC to C$115, both below the cited share price, and each retained a sector-perform rating. This signals some analysts see limited near-term upside at current levels. Scotia target RBC target

CGI Company Profile

Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 94,000 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results.