CGI Group Inc (GIB.A) Price Target Raised to C$80.00

CGI Group Inc (TSE:GIB.A) (NYSE:GIB) had its price objective upped by Royal Bank Of Canada from C$75.00 to C$80.00 in a report published on Thursday morning. They currently have an outperform rating on the stock.

Several other analysts have also recently issued reports on the company. Scotiabank upped their price objective on CGI Group from C$71.00 to C$72.00 and gave the company an outperform rating in a research note on Thursday. Raymond James Financial, Inc. upped their price objective on CGI Group from C$72.00 to C$76.00 and gave the company an outperform rating in a research note on Monday, October 30th. National Bank Financial restated an outperform rating and set a C$80.00 price objective on shares of CGI Group in a research note on Wednesday, August 23rd. Finally, Eight Capital cut CGI Group from a buy rating to a neutral rating and cut their price objective for the company from C$74.00 to C$72.00 in a research note on Wednesday, July 19th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the stock. CGI Group currently has a consensus rating of Buy and a consensus target price of C$72.60.

Shares of CGI Group (TSE GIB.A) opened at C$67.65 on Thursday. CGI Group has a one year low of C$60.91 and a one year high of C$69.36.

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About CGI Group

CGI Group Inc (CGI), directly or through its subsidiaries, manages information technology (IT) services, as well as business process services (BPS). The Company’s services include the management of IT and business functions (outsourcing), systems integration and consulting, as well as the sale of software solutions.

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