CGI with ticker code (GIB) have now 10 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 106.16 and 84.84 and has a mean target at 100.65. With the stocks previous close at 79.66 this is indicating there is a potential upside of 26.3%. The day 50 moving average is 84.59 while the 200 day moving average is 87.99. The market capitalisation for the company is $19,168m. You can visit the company’s website by visiting: https://www.cgi.com
The potential market cap would be $24,219m based on the market concensus.
CGI , 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. It serves clients operating in government, banking and capital market, health, utility, communication and media, oil and gas, retail, consumer and services, space, manufacturing, insurance, life sciences, retail and consumer service, and transportation and logistics sectors. The company was formerly known as CGI Group and changed its name to CGI in January 2019. CGI was founded in 1976 and is headquartered in Montreal, Canada.
